On August 19, 2025, Centreville Bank, West Warwick, Rhode Island, completed its reorganization from a mutual savings bank to the mutual holding company form of organization.
Read More...On August 11, 2025, BankFinancial Corporation, Burr Ridge, Illinois, announced the signing of a merger agreement with First Financial Bancorp., Cincinnati, Ohio, pursuant to which BankFinancial will merge with and into First Financial in a stock transaction valued at approximately $142 million.
Read More...To our clients and friends:
Brendan Clegg, Partner at Luse Gorman, recently authored an article for American Banker’s BankThink titled “Banks Deserve the Ability to Appeal Regulators’ Enforcement Actions.”
Read More...On August 7, 2025, President Trump signed an Executive Order titled “Guaranteeing Fair Banking For All Americans” to combat perceived “politicized or unlawful debanking” practices by regulated financial institutions against persons or entities based on their political affiliations, religious beliefs, or business activities. Our Legal Update, available here, provides an overview of the Executive Order’s requirements and key takeaways for banks and credit unions that may face new scrutiny by their regulators in the area of fair access following the Order.
Read More...To our clients and friends:
Today we published Volume 20 of The Bankers’ Bulletin, providing our insights into key banking industry developments from July 2025, including:
Read More...