Luse Gorman is Legal Counsel to PCSB Financial Corporation in its Proposed Merger with Brookline Bancorp, Inc.

May 25, 2022

On May 24, 2022, PCSB Financial Corporation, Yorktown Heights, New York, announced the signing of a merger agreement with Brookline Bancorp, Inc., Boston, Massachusetts, pursuant to which PCSB Financial Corporation will merge with and into Brookline Bancorp in a stock and cash transaction valued at approximately $313.0 million. Following the transaction, PCSB Bank will operate as a separate bank subsidiary of Brookline Bancorp.