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News & Events

Luse Gorman Serves as Legal Counsel to Abington Bank in its Proposed Merger with Holbrook Cooperative Bank

November 17, 2016

On November 17, 2016, Abington Bank (“Abington”), Abington, Massachusetts, and Holbrook Cooperative Bank, (“Holbrook”), Holbrook, Massachusetts, jointly announced that Holbrook will merge with and into Abington with the Holbrook location being operated as “Holbrook Cooperative Bank, an Affiliate of Abington Bank.”

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Eric Luse and Kent Krudys presented at the Pennsylvania Association of Community Bankers Mutuality Conference in Hershey, Pennsylvania

November 15, 2016

Messrs. Luse and Krudys presented “Charter Choice; Opportunities and Challenges” at the Pennsylvania Association of Community Bankers Mutuality Conference in Hershey, Pennsylvania.

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Luse Gorman Acts as Underwriter’s Counsel to Raymond James & Associates in $50.0 Million Public Offering

November 8, 2016

On November 8, 2016, Heartland Financial USA, Inc., a Dubuque, Iowa-based bank holding company with over $8.0 billion in assets, completed a $50.0 million public offering of 1,379,690 shares of its common stock.

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John Gorman and Larry Spaccasi presented at the American Bankers Association 2016 Annual Convention

October 16, 2016

Messrs. Gorman and Spaccasi presented “The Board’s Role in Merger and Acquisition Transactions” at the Director’s Boot Camp at the 2016 ABA Annual Convention in Nashville, Tennessee.

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Luse Gorman Serves as Legal Counsel to Georgetown Bancorp, Inc. in its Proposed Merger with Salem Five Bancorp

October 5, 2016

On October 5, 2016, Georgetown Bancorp, Inc. (“Georgetown Bancorp”), Georgetown, Massachusetts, and Salem Five Bancorp (“Salem Five Bancorp”), Salem, Massachusetts, entered into a definitive merger agreement pursuant to which Salem Five Bancorp will acquire Georgetown Bancorp for approximately $49.2 million in cash.

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Practice Areas

Mergers and Acquisitions
Capital Markets and Corporate Finance
Public Company Reporting and Shareholder Relations
Executive Compensation, Employee Benefits and Taxation
Corporate Governance
Bank Regulatory and Enforcement Services
De Novo Banks and Bank Charter Conversions

Luse Gorman, PC
5335 Wisconsin Avenue, NW, Suite 780
Washington, D.C. 20015

(202) 274-2000