Luse Gorman Served as Legal Counsel to Ballston Spa Bancorp, Inc. in its Merger of Equals with NBC Bancorp, Inc.

April 9, 2026

On April 1, 2026, Ballston Spa Bancorp, Inc. (“Ballston Spa Bancorp”), the holding company for Ballston Spa National Bank, and NBC Bancorp, Inc., the holding company for The National Bank of Coxsackie, completed their previously announced merger of equals, with Ballston Spa Bancorp as the surviving entity. In addition, The National Bank of Coxsackie merged with and into Ballston Spa National Bank, with Ballston Spa National Bank as the surviving bank. This all-stock transaction was valued at approximately $26.0 million.

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Luse Gorman is Legal Counsel to The Pittsfield Cooperative Bank in its Strategic Merger with Adams Community Bank

April 7, 2026

On April 6, 2026, The Pittsfield Cooperative Bank, Pittsfield, Massachusetts, and Adams Community Bank, Adams, Massachusetts, the wholly-owned subsidiary of Community Bancorp of the Berkshires, MHC and Community Bancorp of the Berkshires, Inc., entered into a merger agreement pursuant to which The Pittsfield Cooperative Bank will merge with and into Adams Community Bank. The combined mutual banking organization will have approximately $1.5 billion in assets and 15 full-service branches throughout Berkshire County, Massachusetts.

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