Alert – Volume 21 of The Bankers’ Bulletin
To our clients and friends:
Today we published Volume 21 of The Bankers’ Bulletin, providing our insights into key banking industry developments from August 2025, including:
Alert – Volume 21 of The Bankers’ Bulletin
Today we published Volume 21 of The Bankers’ Bulletin, providing our insights into key banking industry developments from August 2025, including:
Read More...Luse Gorman Served as Legal Counsel to Berkshire Hills Bancorp, Inc. in its Merger of Equals with Brookline Bancorp, Inc.
On September 1, 2025, Berkshire Hills Bancorp, Inc. (“Berkshire”), the holding company for Berkshire Bank, and Brookline Bancorp, Inc. (“Brookline”), the holding company for Brookline Bank, Bank Rhode Island and PCSB Bank, completed their previously announced merger of equals. Berkshire, now known as Beacon Financial Corporation, and Brookline Bank, now known as Beacon Bank & Trust, are the surviving entities. This all-stock transaction was valued, at announcement, at approximately $1.1 billion.
Read More...Luse Gorman Served as Legal Counsel to Land of Lincoln Credit Union in its Proposed Acquisition of Williamsville State Bank and Trust
On August 28, 2025, Land of Lincoln Credit Union (“LLCU”), Decatur, Illinois, entered into a definitive agreement to acquire substantially all the assets and assume substantially all the liabilities of Williamsville State Bank and Trust (“Williamsville”), Williamsville, Illinois.
Read More...Luse Gorman Served as Legal Counsel to Centreville Bank in its MHC Reorganization
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.
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