Cambridge Financial completes acquisition of First Seacoast Bancorp
FSEA•Cambridge Financial Group completed its acquisition of First Seacoast Bancorp, with First Seacoast Bank merging into Cambridge Savings Bank. The combined bank will operate 24 full-service offices, and systems and account integration is expected to be completed in 2027.
1. Acquisition completed
Cambridge Financial Group completed its acquisition of First Seacoast Bancorp, effective today. First Seacoast Bank merged into Cambridge Savings Bank, which will be the surviving institution.
2. Combined bank plans
The combined bank will operate 24 full-service offices across eastern Massachusetts and New Hampshire’s Seacoast region. Branch signage changes start immediately, while systems and account integration is expected to be completed in 2027. Cambridge Savings Bank plans to contribute more than $100,000 to nonprofits in the Seacoast region.
