# First Seacoast Bancorp, Inc. (FSEA) — merger/definitive [pending]
Source: SEC API (secapi.ai) · situation sit_1e8a4b48ab2000f97d3f · retrieved 2026-08-11T15:49:41.030Z

## Overview
First Seacoast Bancorp, Inc. is a Maryland-chartered savings and loan holding company and the parent of First Seacoast Bank, a federally-chartered savings bank headquartered in Dover, New Hampshire, which has served the Seacoast area since 1890 and offers residential real estate loans, commercial real estate loans, home equity lines of credit, and consumer loans.

On May 4, 2026, Cambridge Financial Group, Inc. and its subsidiary Cambridge Savings Bank entered into a definitive merger agreement with First Seacoast Bancorp, Inc. and First Seacoast Bank. Under the agreement, First Seacoast will merge into Cambridge, with Cambridge as the surviving corporation, and simultaneously First Seacoast Bank will merge into Cambridge Savings Bank. Each share of First Seacoast common stock will be converted into the right to receive $17.25 in cash, without interest. The merger is subject to approval by First Seacoast stockholders (requiring a majority vote) and receipt of regulatory approvals from the Federal Reserve Board, FDIC, Massachusetts Division of Banks, and New Hampshire Banking Department. First Seacoast's board of directors unanimously approved the merger agreement and recommends stockholder approval. A special meeting of First Seacoast stockholders is scheduled for August 27, 2026.

## Terms
- Counterparty: Cambridge Financial Group, Inc. · Consideration: cash · Price/share: $17.25

## Key dates
- Announced 2026-07-23 · Record 2026-07-10 · Vote 2026-08-27 · Expected close 2026-09-30

## Timeline
- 2026-07-23 · DEFM14A (0001193125-26-314200): DEFM14A - First Seacoast Bancorp, Inc. — *First Seacoast Bancorp, Inc. is a Maryland-chartered savings and loan holding company and the parent of First Seacoast Bank, a federally-chartered savings bank headquartered in Dover, New Hampshire, which has served the Seacoast area since 1890 and offers residential real estate loans, commercial real estate loans, home equity lines of credit, and consumer loans.* On May 4, 2026, Cambridge Financial Group, Inc. and its subsidiary Cambridge Savings Bank entered into a definitive merger agreement with First Seacoast Bancorp, Inc. and First Seacoast Bank. Under the agreement, First Seacoast will merge into Cambridge, with Cambridge as the surviving corporation, and simultaneously First Seacoast Bank will merge into Cambridge Savings Bank. Each share of First Seacoast common stock will be converted into the right to receive $17.25 in cash, without interest. The merger is subject to approval by First Seacoast stockholders (requiring a majority vote) and receipt of regulatory approvals from the Federal Reserve Board, FDIC, Massachusetts Division of Banks, and New Hampshire Banking Department. First Seacoast's board of directors unanimously approved the merger agreement and recommends stockholder approval. A special meeting of First Seacoast stockholders is scheduled for August 27, 2026.
  https://www.sec.gov/Archives/edgar/data/1943802/0001193125-26-314200.txt

## Citations
- 0001193125-26-314200 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000119312526314200