January 26, 2026
To Our Clients and Friends:
On January 14, 2026, the National Credit Union Administration (“NCUA”) issued a letter outlining its annual supervisory priorities, including its updated examination procedures, and highlighting the areas it views as posing the highest risk to credit union members and the industry this year. Our Legal Update covering this letter is available here.
Luse Gorman routinely advises credit unions on compliance issues and regulatory questions, and counsels those institutions on the impacts of new developments at the federal and state level. If you have any questions related to this Client Alert, please reach out to the authors of the alert or to your regular Firm contact. To learn more about our firm and services, please visit our website.
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January 31, 2025
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January 28, 2025
Luse Gorman, PC is pleased to announce that in 2024 we were ranked the No. 1 legal advisor in the nation, based on number of transactions, for common stock offerings by financial institutions, as reported by S&P Global Market Intelligence. We served as issuer’s counsel in connection with a range of equity offerings, including best efforts and firm commitment public offerings and private placements.
Luse Gorman has the largest community bank legal practice group in the country. Our extensive experience with community financial institutions and the broad range of capital market transactions in which we are involved has enabled us to provide unparalleled service and expertise to our clients. As always, we would like to thank our clients for their continued support and confidence.
For more information please visit our website at www.luselaw.com.
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January 27, 2025
Luse Gorman, PC is pleased to announce that we were the top legal advisor in the nation for credit union-bank acquisitions, based on number of transactions as reported by S&P Global Market Intelligence. There were a record-breaking 22 acquisitions of banks by credit unions announced in 2024. Luse Gorman served as legal counsel in 12 of these transactions in 2024, covering a broad spectrum of deal types and structures and for certain credit union-bank transactions establishing precedent in Louisiana, New York and Texas.
Luse Gorman has one of the largest credit union legal practice groups in the country. Our extensive experience with credit unions and the broad range of merger and acquisition transactions in which we are involved, including whole-bank acquisitions, credit union mergers, branch purchases and CUSO-related transactions, has enabled us to provide unparalleled service and expertise to our clients. As always, we would like to thank our clients for their continued support and confidence.
To learn more about our credit union legal practice, please contact Jeff Cardone or Michael Brown.
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February 1, 2024
Scott A. Brown and Lawrence M. F. Spaccasi presented “Addressing Deal Certainty in Uncertain Times” at the 2024 BankDirector Acquire or Be Acquired Conference in Phoenix, Arizona. This session focused on the current regulatory climate with regard to M&A with an emphasis on changing regulatory standards for approval of transactions, hot button issues and potential regulatory threats to the successful and timely completion of a transaction. The session also discussed the growing trend of non-traditional buyers (such as credit unions and investor groups) and the unique regulatory and diligence issues they raise. The session also provided examples of merger agreement provisions that can (and should) be considered when engaging with these non-traditional purchasers to better protect the seller. With the increased regulatory scrutiny of merger transactions, the session also discussed ways to optimize the diligence process, including how to balance a party’s need to ascertain an entity’s regulatory standing while continuing to fulfill its obligations about the treatment of confidential supervisory information.
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