Luse Gorman Served as Legal Counsel to Hometown Financial Group in its Acquisition of North Shore Bancorp

Posted by & filed under Transactions.

On September 20, 2024, Hometown Financial Group, Inc., the holding company for bankESB, bankHometown, and Abington Bank, and North Shore Bancorp, the holding company for North Shore Bank, completed its merger transaction whereby North Shore Bank became a wholly-owned subsidiary of Hometown Financial Group and merged with Abington Bank, with North Shore Bank as the… Read more »

Luse Gorman is Legal Counsel to Evans Bancorp, Inc. in its Proposed Merger with NBT Bancorp Inc.

Posted by & filed under Transactions.

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.

Posted by & filed under Transactions.

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

Posted by & filed under Industry Alerts & Publications.

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 »