We are pleased to announce that Luse Gorman, PC has again received the No. 1 National Ranking as legal counsel for mutual-to-stock conversions and mutual holding company transactions, as reported by S&P Global Market Intelligence, for transactions completed in 2020. Luse Gorman was the legal advisor on more mutual-to-stock conversions and mutual holding company stock offerings… Read more »
Posts By: Elizabeth Cook
Luse Gorman, PC is pleased to announce that we are again the No. 1 legal advisor in the nation, based on number of transactions, for bank merger and acquisitions as reported by S&P Global Market Intelligence. The firm served as counsel for 12 merger transactions in 2020, covering a broad spectrum of deal types and… Read more »
On January 14, 2021, Riverview Bank, Harrisburg, Pennsylvania, entered into an agreement to sell two branch operations located in Somerset County in southwestern Pennsylvania to AmeriServ Financial Bank, Johnstown, Pennsylvania, subject to regulatory approvals and other customary closing conditions. As of the date of the agreement, the related deposits totaled approximately $48 million and will… Read more »
On December 31, 2020, First Federal Bank of Wisconsin, a federally chartered stock savings bank and the wholly owned banking subsidiary of FFBW, Inc., Brookfield, Wisconsin (Nasdaq: FFBW) completed its acquisition of Mitchell Bank, a Wisconsin commercial bank located in Milwaukee, Wisconsin. Luse Gorman served as legal counsel to First Federal Bank of Wisconsin in… Read more »
To our clients and friends: Recently, Nasdaq filed a proposal with the SEC to adopt new listing rules related to board diversity requirements and disclosure. Our Alert regarding the proposed rules is available here.