Luse Gorman is Legal Counsel to Dedham Institution for Savings in its Proposed Strategic Partnership with South Shore Bank

March 15, 2023

On March 14, 2023, 1831 Bancorp, MHC, Dedham, Massachusetts, and South Shore Bancorp, MHC, South Weymouth, Massachusetts, announced their agreement to form a strategic partnership through the merger of 1831 Bancorp, MHC and South Shore Bancorp, MHC. South Shore Bank and Dedham Institution for Savings, the bank subsidiaries of South Shore Bancorp, MHC and 1831 Bancorp, MHC, respectively, will remain independent entities under a mutual multi-bank holding company.