On June 11, 2026, First Mutual Holding Co. (the “Company”), Lakewood, Ohio, a federally chartered mutual holding company for Blue Grass Federal, First Federal Lakewood, First Mutual Bank, Martinsville First Savings Bank and Warsaw Federal, completed a private placement of $25.0 million of 7.25% Fixed-to-Floating Rate Subordinated Notes due 2036. As of March 31, 2026,… Read more »
Posts By: tames
Luse Gorman is Legal Counsel to 1895 Bancorp of Wisconsin, in its Proposed Merger with North Shore Bank
On June 17, 2026, 1895 Bancorp of Wisconsin, Inc., Greenfield, Wisconsin, and North Shore Bank, Brookfield, Wisconsin, entered into a merger agreement pursuant to which 1895 Bancorp of Wisconsin will merge with and into North Shore Bank in an all-cash transaction valued at an estimated range of $18.40 to $18.66 per share of 1895 Bancorp… Read more »
Luse Gorman is Legal Counsel to Ion Bank in its Proposed Merger with The Cooperative Bank
On May 20, 2026, Ion Bank, Naugatuck, Connecticut, a subsidiary of Ion Financial, MHC, Inc., entered into a merger agreement pursuant to which The Cooperative Bank, Roslindale, Massachusetts, will merge into Ion Bank, with Ion Bank as the surviving entity. Luse Gorman served as legal counsel to Ion Bank in the transaction. The Luse Gorman… Read more »
Luse Gorman is Legal Counsel to Isabella Bank Corporation in its Proposed Acquisition of Grand River Commerce, Inc.
On June 11, 2026, Isabella Bank Corporation, Mt. Pleasant, Michigan, and Grand River Commerce, Inc., Grandville, Michigan, entered into a merger agreement pursuant to which Isabella will acquire Grand River in a cash and stock transaction valued at approximately $54.6 million. Isabella is the holding company for Isabella Bank, which has approximately $2.3 billion in… Read more »
Luse Gorman Served as Legal Counsel to Credit Union 1 in its Merger with MAC Federal Credit Union
On June 1, 2026, MAC Federal Credit Union, Fairbanks, Alaska, merged with and into Credit Union 1, Anchorage, Alaska. Following the merger, Credit Union 1 has more than $1.7 billion in assets and serves over 112,000 members across 19 branches. Luse Gorman served as legal counsel to Credit Union 1 in the transaction. The Luse… Read more »
