Luse Gorman Serves as Legal Counsel to Northwest Bancshares, Inc. in its Proposed Acquisition of MutualFirst Financial, Inc. and MutualBank

October 30, 2019

On October 29, 2019, Northwest Bancshares, Inc. (“Northwest”), Warren, Pennsylvania, and MutualFirst Financial, Inc. (“MutualFirst”), Muncie, Indiana, the holding company of MutualBank, entered into a definitive merger agreement pursuant to which MutualFirst will merge with and into Northwest, with Northwest as the resulting company.

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Jeff Cardone presented at the Wisconsin Bankers Association’s 2019 Directors Summit

October 28, 2019

Jeff Cardone presented at the Wisconsin Bankers Association’s Directors Summit on October 15, 2019 in Madison, Wisconsin. The presentation titled “Corporate Governance Hot Topics” focused on strategic planning best practices for community bank boards and senior management related to capital planning and mergers and acquisitions and also discussed recent regulatory developments, including the community bank leverage ratio final rule issued by the FDIC and the SAFE Banking Act related to banking cannabis-related businesses.

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Luse Gorman is Legal Counsel to PB Bancorp, Inc. in its Proposed Merger with Centreville Bank

October 24, 2019

On October 22, 2019, PB Bancorp, Inc., Putnam, Connecticut, the holding company for Putnam Bank, a Connecticut-chartered stock savings bank, and Centreville Bank, West Warwick, Rhode Island, a Rhode Island-chartered mutual savings bank, announced the signing of a definitive merger agreement pursuant to which Centreville Bank will acquire PB Bancorp and Putnam Bank, with Centreville Bank as the surviving institution.

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Luse Gorman is Legal Counsel to First Mutual Holding Co. in its Proposed Acquisition of Warsaw Federal Savings and Loan Association

October 1, 2019

On September 27, 2019, First Mutual Holding Co., a mutual holding company headquartered in Lakewood, Ohio (“First Mutual”), and Warsaw Federal Savings and Loan Association, a mutual savings association headquartered in Cincinnati, Ohio (“Warsaw”), announced the signing of a definitive merger agreement pursuant to which First Mutual will acquire Warsaw and hold it as a separate bank subsidiary.

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