TF Financial to Buy Roebling Financial for $8.60/Share in Stock, Cash

TF Financial Corporation

, the parent company of 3^rd Fed Bank, and Roebling Financial Corp, Inc.,

the parent company of Roebling Bank, jointly announced the execution of a definitive merger agreement under which TF Financial is to acquire Roebling Financial for approximately $14.5 million in TF stock and cash, or approximately $8.60 per share. The strategic merger will combine two holding companies and subsidiary banks with strong histories of supporting their respective communities, expands 3^rd Fed Bank's New Jersey footprint, and improves product and service offerings to Roebling Bank customers. The resulting combined company will have over $850 million in total assets, $640 million in total loans, and $660 million in total deposits and 19 locations to serve customers in a five county contiguous market area.