On April 21, 2021, Home Savings and Loan Association of Carroll County, F.A., Norborne, Missouri, entered into an agreement pursuant to which it will acquire NBH Bank’s branch office located in Carrollton, Missouri. Home Savings and Loan is expected to acquire approximately $27.1 million of deposits and approximately $2.0 million of loans. Luse Gorman is… Read more »
Posts By: tames
Luse Gorman is Legal Counsel to Meridian Bancorp, Inc. in its Proposed Acquisition by Independent Bank Corp.
On April 22, 2021, Meridian Bancorp, Inc., Peabody, Massachusetts, announced the signing of a definitive merger agreement with Independent Bank Corp., Rockland, Massachusetts, pursuant to which Meridian will merge with and into Independent. Meridian shareholders will receive 0.275 of a share of Independent common stock for each share of Meridian common stock. The total merger… Read more »
Agata S. Troy Joins Luse Gorman, PC
Washington, DC, April 19, 2021. For Immediate Release. Luse Gorman, PC is pleased to announce that Agata S. Troy has joined the Washington, DC law firm as a partner. Ms. Troy was most recently a partner at Manatt, Phelps & Phillips, LLP. With her addition to the partnership, Luse Gorman builds upon its unparalleled experience… Read more »
Luse Gorman Served as Legal Counsel to Marathon Bank in its MHC Reorganization and $10.0 Million Stock Offering
On April 14, 2021, Marathon Bank, Wausau, Wisconsin, completed its reorganization from a mutual savings bank to the mutual holding company form of organization. Concurrently with the reorganization, Marathon Bancorp, Inc., the newly formed holding company for Marathon Bank, completed its initial public offering. Marathon Bancorp, Inc. sold 1,003,274 shares of its common stock in… Read more »
Luse Gorman is Legal Counsel to Northwest Bank in the Proposed Sale of its Insurance Subsidiary to USI Insurance Services LLC
On April 1, 2021, Northwest Bank, Warren, Pennsylvania, entered into an agreement to sell its insurance subsidiary, Northwest Insurance Services, to USI Insurance Services LLC. Northwest Bank, which is the wholly-owned subsidiary of Northwest Bancshares, Inc., operates 162 full-service community banking offices and eight free standing drive through facilities in Pennsylvania, New York, Ohio and… Read more »