Luse Gorman Served as Legal Counsel to First Mutual Holding Co. in its $25.0 Million Subordinated Debt Issuance

Posted by & filed under Transactions.

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 »

Luse Gorman is Legal Counsel to 1895 Bancorp of Wisconsin, in its Proposed Merger with North Shore Bank

Posted by & filed under Transactions.

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 Isabella Bank Corporation in its Proposed Acquisition of Grand River Commerce, Inc.

Posted by & filed under Transactions.

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 »