Federal Reserve Board announces approval of application by Brookline Bancorp, Inc.

The following press release was published by the Board of Governors of the Federal Reserve System on Dec. 15. It is reproduced in full below.

The Federal Reserve Board on Thursday announced its approval of the application by Brookline Bancorp, Inc., Boston, Massachusetts, to merge with PCSB Financial Corporation and thereby indirectly acquire PCSB Bank, both of Yorktown Heights, New York.

Attached is the Board's order relating to this action.

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Source: Board of Governors of the Federal Reserve System