On Thursday, November 8, 2018, Jeff Cardone gave a presentation on “The Financial Regulatory Environment and Other Hot Topics Impacting Community Banks” at The Bonadio Group and M&T Bank 2018 Financial Institutions Seminar in Syracuse, NY. The presentation focused on the current trends in community banking, including discussions about the Economic Growth, Regulatory Relief and… Read more »
Posts By: tames
Jeff Cardone presented at the Western Bankers Association Annual Directors Conference
On Friday, November 9, 2018, Jeff Cardone gave a presentation on “Recent Developments in Executive and Director Compensation” at the Western Bankers Association Annual Directors Conference in Salt Lake City, Utah. The presentation focused on the importance of compensation planning in connection with a merger, trends in incentive compensation pay, new changes to IRC 162(m)… Read more »
Luse Gorman Serves as Legal Counsel to Mutual Bank in its Proposed Merger with North Easton Savings Bank
On November 6, 2018, Mutual Bank, Whitman, Massachusetts, and North Easton Savings Bank, South Easton, Massachusetts, jointly announced that the banks will merge operations under the North Easton Savings Bank name. The combined institution will have total assets of over $1 billion. Luse Gorman serves as legal counsel to Mutual Bank in the transaction. The Luse… Read more »
Eric Luse and Jeff Cardone presented at the 2018 New York Bankers Association Financial Services Forum
On Tuesday, October 30, Eric Luse and Jeff Cardone gave a presentation on “Recent Developments in Executive Compensation” at the 2018 New York Bankers Association Financial Services Forum in Key Biscayne, Florida. The presentation focused on new changes to IRC Section 162(m) and its impact on compensation planning, ways to mitigate the effect of IRC… Read more »
Luse Gorman Serves as Legal Counsel to Hamilton Bancorp, Inc. in its Proposed Merger with Orrstown Financial Services, Inc.
On October 23, 2018, Hamilton Bancorp, Inc. (“Hamilton”), Towson, Maryland, the holding company for Hamilton Bank, and Orrstown Financial Services, Inc. (“Orrstown”), Shippensburg, Pennsylvania, the holding company for Orrstown Bank, announced a definitive merger agreement pursuant to which Hamilton will merge with and into Orrstown, with Orrstown as the resulting company. Hamilton stockholders will receive… Read more »