Today we published Volume 29 of The Bankers’ Bulletin, which provides our insights into key banking industry developments from April 2026, including the: Proposed revisions to the BSA/AML compliance regime; Banking agencies’ updated model risk guidance; OCC’s regulations to preempt state interchange fee laws; Final community bank leverage ratio rule; FDIC’s report on risks facing… Read more »
Posts By: tames
Luse Gorman Served as Legal Counsel to LINKBANCORP, Inc. in its Merger with Burke & Herbert Financial Services Corp.
On May 1, 2026, LINKBANCORP, Inc., Camp Hill, Pennsylvania, the holding company for LINKBANK, completed its merger with and into Burke & Herbert Financial Services Corp., Alexandria, Virginia, the holding company for Burke & Herbert Bank & Trust Company. Luse Gorman served as legal counsel to LINKBANCORP in the transaction. The Luse Gorman team consisted… Read more »
Luse Gorman is Legal Counsel to First Seacoast Bancorp, Inc. in its Proposed Merger with Cambridge Financial Group, Inc.
On May 5, 2026, First Seacoast Bancorp, Inc. (“First Seacoast”), Dover, New Hampshire, and Cambridge Financial Group, Inc. (“Cambridge Financial”), Cambridge, Massachusetts, entered into a merger agreement pursuant to which First Seacoast will merge with and into Cambridge Financial in an all-cash transaction valued at approximately $80.9 million. First Seacoast is the holding company for… Read more »
Benjamin Azoff participated in the Bank Legal Panel at D.A. Davidson Financial Institutions Conference
On May 5, 2026, Benjamin Azoff participated in the Bank Legal Panel at the D.A. Davidson 28th Annual Financial Institutions Conference in Nashville, Tennessee. The session focused on the current regulatory environment, AI, capital planning and the mergers and acquisitions landscape.
Luse Gorman Served as Legal Counsel to Westar Federal Credit Union in its Merger with Beginnings Credit Union
On May 1, 2026, Westar Federal Credit Union, Camillus, New York, completed its merger with and into Beginnings Credit Union, Ithica, New York. Following the merger, Beginnings Credit Union has over $1.51 billion in assets and serves over 77,000 members across 14 branch locations. Luse Gorman served as legal counsel to Westar Federal Credit Union… Read more »