Company: NWFL
Filing Date: 2025-10-28
Form Type: 424B3
Source: 0001193125-25-252482
Chunk: 157

Company: NORWOOD FINANCIAL CORP
Filing Date: 2025-10-28
Form: 424B3
Chunk 157
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 |     | the effectiveness of the merging banks in combatting money laundering activities; and |

| • |     | the convenience and needs of the community to be served. |

The FDIC will not approve a transaction:

| • |     | that would result in a monopoly or would be in furtherance of any combination, conspiracy or attempt to 
 monopolize the business of banking in any part of the United States; or                                 |

| • |     | whose effect in any section of the United States may be to substantially lessen competition, or tend to create a                                                                                                                              
 monopoly, or which in any other manner would be in restraint of trade, unless the probable effects of the transaction in meeting the convenience and needs of the community clearly outweigh the anti-competitive effects of the transaction. |

Any transaction approved by the FDIC may not be completed until 30 days after the FDIC approval, during which time the U.S. Department of Justice may challenge such transaction on antitrust grounds. With the approval of the FDIC and the U.S. Department of Justice, the waiting period may be reduced to 15 days. Federal Reserve Bank of Philadelphia.Norwood is a bank holding company whose primary federal regulator is the Federal Reserve. Because the merger involves an acquisition by a bank holding company, 103

Norwood’s acquisition of PB Bankshares is subject to the prior approval of the Federal Reserve. Norwood has filed the application with the Federal Reserve for the acquisition of PB Bankshares and the application is currently pending. Pennsylvania Department of Banking and Securities.The merger of Presence Bank with and into Wayne Bank is also subject to the prior approval of the Pennsylvania Department of Banking and Securities (the “Department”) under the Pennsylvania Banking Code of 1965. Wayne Bank has filedan application for approval of the bank merger with the Department and the application is currently pending. In determining whether to approve the application for the merger of Presence Bank with and into Wayne Bank, the Department will consider, among other factors, whether the bank merger would be consistent with adequate or sound banking and would not result in concentration of assets beyond limits consistent with effective competition. The Department will also consider the public interest and the needs and convenience of the area primarily to be served by Wayne Bank after the bank merger. Further, it is the policy of the Department to ensure the safe and sound conduct of banking organizations and to maintain public confidence in the business of banking and protect the public interest and the interests of depositors, creditors, and shareholders. These factors will be considered by the Department in