On July 7, 2025, Norwood Financial Corp announced a merger agreement with PB Bankshares, where PB Bankshares will be merged into Norwood Financial, allowing stockholders to receive either $19.75 in cash or 0.7850 shares of Norwood Financial stock. This merger is expected to close in late 2025 or early 2026, pending approval from PB Bankshares' shareholders and regulatory authorities.