Georgetown Bancorp Inc Announces Closing Of Reorganization

Georgetown Bancorp, Inc. announced that it has completed the conversion and reorganization pursuant to which Georgetown Bancorp, MHC has converted to a stock holding company form of organization. Georgetown Bancorp, Inc., a Maryland corporation (New Georgetown) and the new stock holding company for Georgetown Savings Bank, has sold 1,100,000 shares of common stock at $10.00 per share, for gross offering proceeds of $11.0 million, in its stock offering. New Georgetown’s new CUSIP number is 372591107.