On March 11, 2026, Esquire Financial Holdings Inc., Jericho, New York, and Signature Bancorporation, Inc., Rosemont, Illinois, entered into a merger agreement pursuant to which Esquire will acquire Signature in an all-stock transaction valued at approximately $348 million. Esquire is the holding company for Esquire Bank, National Association, which has approximately $2.4 billion in assets,… Read more »
Posts By: tames
Luse Gorman is Legal Counsel to The Pittsfield Cooperative Bank in its Strategic Merger with Adams Community Bank
On April 6, 2026, The Pittsfield Cooperative Bank, Pittsfield, Massachusetts, and Adams Community Bank, Adams, Massachusetts, the wholly-owned subsidiary of Community Bancorp of the Berkshires, MHC and Community Bancorp of the Berkshires, Inc., entered into a merger agreement pursuant to which The Pittsfield Cooperative Bank will merge with and into Adams Community Bank. The combined… Read more »
Luse Gorman is Legal Counsel to Affinity Bancshares, Inc. in its Proposed Merger with Fidelity BancShares (N.C.), Inc.
On March 30, 2026, Affinity Bancshares, Inc., Covington, Georgia, and Fidelity BancShares (N.C.), Inc., Fuquay-Varina, North Carolina, entered into a merger agreement pursuant to which Affinity will merge with and into Fidelity in an all-cash transaction valued at approximately $142.8 million. Fidelity is the holding company for The Fidelity Bank and has approximately $4.4 billion… Read more »
Luse Gorman Served as Legal Counsel to Blue Foundry Bancorp in its Merger with Fulton Financial Corporation
On April 1, 2026, Blue Foundry Bancorp, Rutherford, New Jersey, the holding company for Blue Foundry Bank, completed its merger with and into Fulton Financial Corporation, Lancaster, Pennsylvania, the holding company for Fulton Bank, N.A. Luse Gorman served as legal counsel to Blue Foundry Bancorp in the transaction. The Luse Gorman team consisted of John… Read more »
Luse Gorman Served as Legal Counsel to 1864 Bancorp, Inc. in its $40 Million Subordinated Debt Issuance
On March 26, 2026, 1864 Bancorp, Inc., North Easton, Massachusetts, the holding company for North Easton Savings Bank, completed a private placement of $40.0 million of 6.50% Fixed-to-Floating Rate Subordinated Notes due 2036. As of December 31, 2025, North Easton Savings Bank had $1.8 billion in assets and 14 branches throughout Southeastern Massachusetts. Luse Gorman served… Read more »
