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 of Wisconsin common stock.

1895 Bancorp of Wisconsin has approximately $598 million in assets and is the holding company for PyraMax Bank, FSB, with six banking offices in Franklin, Grafton, Greenfield, Mukwonago, South Milwaukee and Waukesha, Wisconsin.

North Shore Bank has approximately $2.5 billion in assets with more than 40 banking offices serving metro Milwaukee, Germantown, Ozaukee County, Racine, Kenosha, Appleton, Menasha, Green Bay and surrounding areas, Burlington, Union Grove, Muskego, and Door County, Wisconsin.

Luse Gorman is serving as legal counsel to 1895 Bancorp of Wisconsin in the transaction. The Luse Gorman team consists of Kip Weissman, Marc Levy, Tom Hutton and Ellie Cook.

Luse Gorman has acted as counsel on more than 100 bank M&A transactions during the past seven years and on more bank M&A transactions than any other law firm in the nation over the past 20 years. To learn more about our mergers and acquisitions practice, please visit our website.