Luse Gorman, PC is pleased to announce that in 2024 we were ranked the No. 1 legal advisor in the nation, based on number of transactions, for common stock offerings by financial institutions, as reported by S&P Global Market Intelligence. We served as issuer’s counsel in connection with a range of equity offerings, including best… Read more »
Posts By: tames
Luse Gorman is the Top Legal Advisor for Credit Union – Bank Acquisitions in 2024
Luse Gorman, PC is pleased to announce that we were the top legal advisor in the nation for credit union-bank acquisitions, based on number of transactions as reported by S&P Global Market Intelligence. There were a record-breaking 22 acquisitions of banks by credit unions announced in 2024. Luse Gorman served as legal counsel in 12… Read more »
Luse Gorman is the Top Legal Advisor for Bank Mergers in 2024
Luse Gorman, PC is pleased to announce that we are again the top legal advisor in the nation for bank mergers, based on number of transactions as reported by S&P Global Market Intelligence. The firm served as counsel for 22 bank merger transactions in 2024, covering a broad spectrum of deal types and structures, both… Read more »
Alert – NCUA Supervisory Priorities
To our clients and friends: On January 7, 2025, the National Credit Union Administration (the “NCUA”) issued to all federally-insured credit unions Letter 25-CU-01 entitled “NCUA’s 2025 Supervisory Priorities.” The NCUA notes that its supervisory priorities focus on the areas posing the highest risk to credit union members, the credit union industry, and the National… Read more »
Luse Gorman is Legal Counsel to ESSA Bancorp, Inc. in its Proposed Merger with CNB Financial Corporation
On January 9, 2025, ESSA Bancorp, Inc., Stroudsburg, Pennsylvania, announced the signing of a merger agreement with CNB Financial Corporation, Clearfield, Pennsylvania, pursuant to which ESSA Bancorp will merge with and into CNB Financial Corporation in an all-stock transaction valued at approximately $214 million. ESSA Bancorp President and CEO Gary Olson, ESSA Bancorp Chairman Robert… Read more »