On July 14, 2021, Cullman Bancorp, Inc., Cullman, Alabama, the holding company for Cullman Savings Bank, completed its conversion from the mutual holding company to the stock holding company form of organization and its related stock offering. A total of 4,284,375 shares of common stock were sold in the subscription offering at a price of… Read more »

On July 15, 2021, Blue Foundry, MHC, Rutherford, New Jersey, completed its conversion from the mutual holding company to the stock holding company form of organization. Concurrently with the conversion, Blue Foundry Bancorp (the “Company”), the newly formed holding company for Blue Foundry Bank, completed its initial public offering selling 27,772,500 shares of its common… Read more »

On July 11, 2021, Lakeland Bancorp, Inc., Oak Ridge, New Jersey, and 1st Constitution Bancorp, Cranbury, New Jersey, entered into a definitive merger agreement pursuant to which 1st Constitution Bancorp will merge with and into Lakeland Bancorp, with Lakeland Bancorp as the resulting company in an all-stock transaction valued at approximately $244.4 million. As part… Read more »

On July 8, 2021, New Hampshire Mutual Bancorp, Concord, New Hampshire, the holding company for Meredith Village Savings Bank, Merrimack County Savings Bank and Savings Bank of Walpole, completed a private placement of $20.0 million of its 3.25% Fixed-to-Floating Rate Subordinated Notes due 2031.  The notes are intended to qualify as Tier 2 capital for regulatory purposes…. Read more »

On April 21, 2021, Home Savings and Loan Association of Carroll County, F.A., Norborne, Missouri, entered into an agreement pursuant to which it will acquire NBH Bank’s branch office located in Carrollton, Missouri. Home Savings and Loan is expected to acquire approximately $27.1 million of deposits and approximately $2.0 million of loans. Luse Gorman is… Read more »