Zac Davis and Steve Lanter presented “Augmenting Capital: Capital Planning and Capital Raising in the Current Environment” at the 2024 Annual Convention for Idaho, Nevada, Oregon and Washington Bankers in Skamania, Washington. The presentation addressed the current regulatory and economic environment for capital planning and capital raises, reasons why banks may want to review their… Read more »
Posts By: tames
Luse Gorman is Legal Counsel to PeoplesBank in its Proposed Strategic Partnership with Cornerstone Bank
On June 18, 2024, PeoplesBancorp, MHC, Holyoke, Massachusetts, and SSB Community Bancorp MHC, Spencer, Massachusetts, announced their agreement to form a strategic partnership through the merger of PeoplesBancorp, MHC and SSB Community Bancorp MHC. PeoplesBank and Cornerstone Bank, the bank subsidiaries of PeoplesBancorp, MHC and SSB Community Bancorp MHC, respectively, will remain independent entities under… Read more »
Alert – Volume 6 of The Bankers’ Bulletin
To our clients and friends: Today we published Volume 6 of The Bankers’ Bulletin. You can find a copy of this edition here. This volume covers the Supreme Court’s decision on the CFPB’s funding mechanism, Congressional developments regarding custody of crypto assets, bank agency reports on key risks and supervisory priorities, state action limiting credit… Read more »
Luse Gorman is Legal Counsel to Affinity Bancshares, Inc. in its Proposed Acquisition by Atlanta Postal Credit Union
On May 30, 2024, Affinity Bancshares, Inc. and its wholly-owned subsidiary, Affinity Bank, National Association, announced the signing of a definitive purchase and assumption agreement with Atlanta Postal Credit Union, pursuant to which Atlanta Postal Credit Union will acquire the assets and assume the liabilities of Affinity Bank in an all-cash transaction. Following the completion… Read more »
Scott A. Brown participated in Financial and Accounting Society of New England Conference
On May 30, 2024, Scott A. Brown presented and moderated a session at the Financial and Accounting Society of New England Conference in Portsmouth, New Hampshire. The session focused on the current mergers and acquisitions landscape and certain regulatory, compensation-related and governance issues.