February 15, 2023
On February 8, 2023, Education Credit Union, Amarillo, Texas, successfully completed its merger with H&H Federal Credit Union, Stinnett, Texas. Education Credit Union, as the continuing credit union, has approximately $467 million in assets on a combined basis following the merger.
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February 14, 2023
Luse Gorman, PC is pleased to announce that in 2022 we were the No. 1 legal advisor in the nation, based on number of transactions, for common stock and subordinated debt 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 and debt offerings, including firm commitment and best-efforts public offerings, private placements, as well as IPO common equity offerings.
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February 13, 2023
Luse Gorman, PC is pleased to announce that we are again among the top legal advisors in the nation, based on number of transactions, for bank mergers and branch acquisitions as reported by S&P Global Market Intelligence. The firm served as counsel for 17 bank merger and branch acquisition transactions in 2022, covering a broad spectrum of deal types and structures, both on the buy and the sell side. Some of our accomplishments as merger and acquisition counsel include:
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February 11, 2019
On February 1, 2019, Valley Central Bank and its mutual holding company, Valley Central, MHC, Liberty Township, Ohio, announced the execution of an agreement with American Savings Bank, Middletown, Ohio, pursuant to which American Savings Bank will merge with and into Valley Central Bank.
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February 15, 2018
On February 13, 2018, Liberty Federal Savings Bank (“Liberty FSB”), Enid, Oklahoma, and Great Plains National Bank, (“Great Plains”), Elk City, Oklahoma, jointly announced that Liberty FSB will merge with and into Great Plains, with Great Plains as the resulting institution. The combined institution will have total assets of approximately $700 million.
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