Notice of Application For Merger of Bank Holding Companies

Notice of Application For Merger of Bank Holding Companies Norwood Financial Corp, a bank holding company headquartered in Honesdale, Pennsylvania, intends to apply to the Federal Reserve Board for permission to acquire and merge with PB Bankshares, Inc., a bank holding company headquartered in Coatesville, Pennsylvania, with Norwood Financial Corp as the surviving entity. As a result of the transaction, Norwood Financial Corp intends to acquire control of Presence Bank, a Pennsylvania stock saving bank headquartered in Coatesville, Pennsylvania and a wholly owned subsidiary of PB Bankshares, Inc. The Federal Reserve considers a number of factors in deciding whether to approve the application including the record of performance of banks we own in helping to meet local credit needs. You are invited to submit comments in writing on this application to James W. Corkery at the Federal Reserve Bank of Philadelphia, Ten Independence Mall, 7th Floor, Philadelphia, PA 19106 or via email: comments.applications@phil.frb.org. The comment period will not end before October 4, 2025, and may be somewhat longer. The Board's procedures for processing applications may be found at 12 C.F.R. Part 262. Procedures for processing protested applications may be found at 12 C.F.R. 262.25. To obtain a copy of the Federal Reserve Board's procedures, or if you need more information about how to submit your comments on the application, contact James W. Corkery, Assistant Vice President, at (215) 574-6416. The Federal Reserve will consider your comments and any request for a public meeting or formal hearing on the application if they are received in writing by the Reserve Bank on or before the last day of the comment period. September 4 2025 LSOM0362729