Luse Gorman Serves as Legal Counsel to Northwest Bank in its Acquisition of 18 Branches from First Niagara Bank

September 9, 2016

On September 9, 2016, Northwest Bank, Warren, PA, the wholly-owned subsidiary of Northwest Bancshares, Inc. (“Northwest”), completed its acquisition of 18 bank branches from First Niagara Bank, Buffalo, NY, the wholly-owned subsidiary of First Niagara Financial Group, Inc., which were divested by First Niagara Bank as part of KeyCorp’s acquisition of First Niagara Financial Group, Inc.


Luse Gorman Serves as Legal Counsel to Standard Financial Corp. in its Proposed Merger with Allegheny Valley Bancorp

August 29, 2016

On August 29, 2016, Standard Financial Corp. (“Standard Financial”), Monroeville, Pennsylvania, and Allegheny Valley Bancorp (“Allegheny Valley”), Pittsburgh, Pennsylvania, entered into a definitive merger agreement pursuant to which Allegheny Valley will merge with and into Standard Financial in an all stock transaction, with Standard Financial as the resulting company, which will be renamed Standard AVB Financial Corp.