On September 9, 2024, Jeff Cardone was a panelist at the Next Forum: The Future of Banking hosted by Newcleus and Travillian. The event featured panels of U.S. bank investors, investment bankers and attorneys. Mr. Cardone’s panel discussed M&A and capital considerations for banks and credit unions.
Posts By: tames
Luse Gorman is Legal Counsel to Evans Bancorp, Inc. in its Proposed Merger with NBT Bancorp Inc.
On September 9, 2024, Evans Bancorp, Inc., Williamsville, New York, announced the signing of a merger agreement with NBT Bancorp Inc., Norwich, New York, pursuant to which Evans Bancorp will merge with and into NBT Bancorp in an all-stock transaction valued at approximately $236 million. Evans Bancorp President and CEO David Nasca will join the… Read more »
Luse Gorman is Legal Counsel to The First of Long Island Corporation in its Proposed Merger with ConnectOne Bancorp, Inc.
On September 5, 2024, The First of Long Island Corporation, Melville, New York, announced the signing of a merger agreement with ConnectOne Bancorp, Inc., Englewood Cliffs, New Jersey, pursuant to which First of Long Island will merge with and into ConnectOne in an all-stock transaction valued at approximately $284 million. The board of directors of… Read more »
Alert – Vol. 9 of The Bankers’ Bulletin
To our clients and friends: Today we published Volume 9 of The Bankers’ Bulletin. You can find a copy of this edition here. In this volume, we cover the FDIC’s proposed revisions to its brokered deposit regulation, FRB guidance on utilizing the discount window, the CFPB’s legal victory in a challenge to its small business… Read more »
Luse Gorman Served as Legal Counsel to Michigan State University Federal Credit Union in its Acquisitions of McHenry Savings Bank and Algonquin State Bank
On August 31, 2024, Michigan State University Federal Credit Union, East Lansing, Michigan (MSUFCU) completed its acquisitions of McHenry Savings Bank, McHenry, Illinois and Algonquin State Bank, Algonquin, Illinois. Following the completion of these acquisitions, MSUFCU has approximately $9.0 billion in assets. Luse Gorman served as legal counsel to MSUFCU for both transactions. The Luse… Read more »