RIDGEWOOD, N.J. — Shareholders of Ridgewood Financial Inc. have approved the company’s sale to Boiling Springs Bancorp in Rutherford, N.J.

The deal, which is expected to close this month, would merge the $295 million-asset parent of Ridgewood Savings Bank of New Jersey into Boiling Springs, which has $638 million of assets.

Boiling Springs made a $26.9 million cash offer for Ridgewood Financial in September, outbidding Provident Savings Bank of Jersey City by nearly $3 million. A month earlier Provident had offered to buy Ridgewood for $24 million in stock.

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