Kent Krudys has been actively involved in representing community banks for more than 30 years. Mr. Krudys provides strategic advice and counsel to public, private, mutual and cooperative banks in the areas of general corporate, transactional and securities law matters, with particular focus on the representation of mutual and cooperative financial institutions, with respect to corporate governance, mutual-to-mutual business combinations, charter conversions, mutual holding company formations, mutual-to-stock conversion transactions and capital formation.

Mr. Krudys has authored numerous articles on financial institutions and is a frequent speaker at various conferences sponsored by continuing education organizations and financial institution trade groups.

Practice Areas:

Representative Transactions:

  • Everett Bank, Everett, Massachusetts, in its mutual-to-stock conversion and concurrent initial public offering of $89.2 million of common stock.
  • Pentucket Bank (MHC), Haverhill, Massachusetts, in its merger with Newburyport Five Cents Savings Bank (MHC).
  • Haverhill Bank, Haverhill, Massachusetts, in its mutual holding company reorganization.
  • Needham Bank, Needham, Massachusetts, in its acquisition of the cannabis banking business of Eastern Bank, Boston, Massachusetts.
  • Hometown Financial Group, MHC, Easthampton, Massachusetts, and its wholly-owned subsidiary financial institutions in their mergers with and acquisitions of both mutual and stock banks.
  • Bogota Savings Bank, Teaneck, New Jersey, in its mutual holding company reorganization and concurrent initial public offering of $56.5 million of common stock.
  • Dollar Bank (MHC), Pittsburgh, Pennsylvania, in its acquisition of Standard Bank, Monroeville, Pennsylvania.
  • PennCrest Bank, Altoona, Pennsylvania, in its acquisition of a branch office from Mid Penn Bank, Millersburg, Pennsylvania.