Practice Areas  
• Capital Markets and Corporate Finance
Debt and equity offerings
Mutual-to-stock conversions
Mutual holding company reorganizations and stock offerings
• General Corporate and Securities Law
• Mergers and Acquisitions
Banking and Financial Services
Bank regulatory and enforcement
Charter conversions
Credit union charter conversions
• BA, State University of New York at
. Buffalo 
• JD, State University of New York at
. Buffalo School of Law
Admitted to Practice  
• New York
• District of Columbia





















  Lawrence M.F. Spaccasi


Luse Gorman, PC
5335 Wisconsin Avenue, NW, Suite 780
Washington, D.C. 20015

Phone: 202.274.2037
Fax: 202.362.2902


Lawrence Spaccasi represents financial institutions and their holding companies on a wide range of securities, corporate, executive compensation and regulatory law matters. Mr. Spaccasi has more than 20 years experience with financial institutions. He has managed numerous complex corporate reorganizations by both mutual and stock banks, and has completed nearly 50 mutual-to-stock conversions and mutual holding company reorganizations. He routinely advises boards of directors on corporate governance matters, including stockholder relations and defensive strategies in dealing with activist stockholders.

Prior to entering private practice, Mr. Spaccasi was Senior Counsel with the Division of Enforcement of the Securities and Exchange Commission’s Financial Institutions Fraud Task Force and Senior Attorney with the Division of Corporation Finance, Securities and Exchange Commission.

Mr. Spaccasi has authored numerous articles and publications and is a frequent speaker on financial institution matters before state and national banking associations and trade groups.

Representative Transactions:

  • Represented New England Bancshares, Inc., Enfield, Connecticut, in its acquisition of Windsor Locks SLA in a precedent setting transaction involving the merger of a mutual federal savings bank into a publicly-traded mutual holding company.

  • Represented Nesquehoning Savings Bank, Nesquehoning, Pennsylvania, in its acquisition by JNTB Bancorp, Inc., in a precedent setting transaction involving the acquisition of a Pennsylvania mutual savings bank by a national bank.  

  • Represented Territorial Savings Bank, Honolulu, Hawaii, in its mutual to stock conversion, holding company formation and $108.0 million initial public offering of common stock.

  • Represented Meridian Interstate Bancorp, Inc. and East Boston Savings Bank in their acquisition of Mt. Washington Cooperative Bank in a precedent setting transaction involving the acquisition of a Massachusetts mutual bank by a publicly traded mutual holding company.  This transaction was the first acquisition of a Massachusetts mutual bank by a publicly-traded mutual holding company.

  • Represented Hampshire First Bank, Manchester, New Hampshire, in its de novo formation and public offering combined with a minority partnership investment by a bank holding company.    

  • Represented Peoples Federal Savings Bank, Brighton, Massachusetts, in its $72.0 million initial public offering and stock holding company formation.

  • Represented Newport Federal Savings Bank, Newport, Rhode Island, in its merger with Westerly Savings Bank and subsequent mutual-to-stock conversion of the combined bank.

  • Represented Sandler O’Neill + Partners, L.P. as underwriter’s counsel in a $236.0 million initial public offering by a Pennsylvania mutual holding company.



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