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Freehold Savings Bank seeks to convert to state charter

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Freehold Savings Bank seeks to convert to state charter

Freehold Savings Bank applied with the New Jersey Department of Banking and Insurance seeking to convert to a state-chartered savings bank from a federally chartered one.

The Freehold, N.J.-based bank is a unit of Freehold Bancorp. Freehold MHC is the ultimate parent.