latest-news-headlines Market Intelligence /marketintelligence/en/news-insights/latest-news-headlines/columbia-financial-completes-acquisition-of-roselle-bank-57855107 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

Columbia Financial completes acquisition of Roselle Bank

Street Talk Episode 61 - Investors debate if U.S. banks have enough capital in post COVID world

You Down With PPP? Consider The Risks

Street Talk Episode 60 - You Down With PPP? Consider The Risks

Street Talk Episode 56 - Latest bank MOE shows even the strong need scale to thrive


Columbia Financial completes acquisition of Roselle Bank

Fair Lawn, N.J.-based Columbia Financial Inc. (MHC) completed its acquisition of Roselle Bank.

The Roselle, N.J.-based bank was merged into Columbia Bank, a unit of Columbia Financial, under the terms of the deal. Columbia Financial issued 4,759,048 common shares to Columbia Bank MHC as part of the transaction.

RSB Bancorp MHC and RSB Bancorp Inc. were also acquired in the deal.

As of Dec. 31, 2019, Columbia Financial had total assets of $8.19 billion, and RSB Bancorp MHC had total assets of $433.2 million, according to S&P Global Market Intelligence data.

Boenning & Scattergood Inc. was the buy-side adviser in the deal, while Kilpatrick Townsend & Stockton LLP served as legal counsel. Piper Sandler Cos. served as the sell-side adviser, while Luse Gorman PC was the legal counsel.