On January 31, 2025, PeoplesBancorp, MHC, Holyoke, Massachusetts, and SSB Community Bancorp MHC, Spencer, Massachusetts, completed their strategic partnership by merging. PeoplesBank and Cornerstone Bank, the bank subsidiaries of PeoplesBancorp, MHC and SSB Community Bancorp MHC, respectively, remain independent entities under a mutual multi-bank holding company.
Read More...To our clients and friends:
Today we published Volume 14 of The Bankers’ Bulletin, providing our insights into key banking industry developments from January 2025, including:
Luse Gorman, PC is pleased to announce that in 2024 we were ranked the No. 1 legal advisor in the nation, based on number of transactions, for common stock offerings by financial institutions, as reported by S&P Global Market Intelligence. We served as issuer’s counsel in connection with a range of equity offerings, including best efforts and firm commitment public offerings and private placements.
Luse Gorman has the largest community bank legal practice group in the country. Our extensive experience with community financial institutions and the broad range of capital market transactions in which we are involved has enabled us to provide unparalleled service and expertise to our clients. As always, we would like to thank our clients for their continued support and confidence.
For more information please visit our website at www.luselaw.com.
Read More...Luse Gorman, PC is pleased to announce that we were the top legal advisor in the nation for credit union-bank acquisitions, based on number of transactions as reported by S&P Global Market Intelligence. There were a record-breaking 22 acquisitions of banks by credit unions announced in 2024. Luse Gorman served as legal counsel in 12 of these transactions in 2024, covering a broad spectrum of deal types and structures and for certain credit union-bank transactions establishing precedent in Louisiana, New York and Texas.
Luse Gorman has one of the largest credit union legal practice groups in the country. Our extensive experience with credit unions and the broad range of merger and acquisition transactions in which we are involved, including whole-bank acquisitions, credit union mergers, branch purchases and CUSO-related transactions, has enabled us to provide unparalleled service and expertise to our clients. As always, we would like to thank our clients for their continued support and confidence.
To learn more about our credit union legal practice, please contact Jeff Cardone or Michael Brown.
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