On December 18, 2025, LINKBANCORP, Inc., Camp Hill, Pennsylvania, and Burke & Herbert Financial Services Corp., Alexandria, Virginia, entered into a merger agreement pursuant to which LINKBANCORP will merge with and into Burke & Herbert in an all-stock transaction valued at approximately $354 million. LINKBANCORP is the holding company for LINKBANK and has approximately $3.1… Read more »
Posts By: tames
Luse Gorman Served as Legal Counsel to Financial Institutions, Inc. in its $80.0 Million Subordinated Debt Issuance
On December 11, 2025, Financial Institutions, Inc. (the “Company”), Warsaw, New York, the holding company for Five Star Bank, completed a private issuance of $80.0 million of 6.50% Fixed-to-Floating Rate Subordinated Notes due 2035. The Company entered into a registration rights agreement with each of the purchasers of the Notes under which it will exchange… Read more »
Alert – Volume 24 of The Bankers’ Bulletin
Today we published Volume 24 of The Bankers’ Bulletin, which provides our insights into key banking industry developments from November 2025, including: The FRB’s memo revising its supervisory process; The agencies’ changes to key regulatory asset thresholds; An appellate court decision allowing Colorado to enforce its usury laws; The FDIC’s and OCC’s changes to their… Read more »
Luse Gorman Served as Legal Counsel to OneAZ Credit Union in its Acquisition of 1st Bank Yuma
On November 21, 2025, OneAZ Credit Union (“OneAZ”), Phoenix, Arizona, completed its purchase of substantially all assets and the assumption of substantially all liabilities of 1st Bank Yuma, Yuma, Arizona, the wholly-owned subsidiary of Western Arizona Bancorp, Inc. Following the completion of the transaction, OneAZ has approximately $4.2 billion in assets and 26 banking locations… Read more »
Luse Gorman is Legal Counsel to Blue Foundry Bancorp in its Proposed Merger with Fulton Financial Corporation
On November 24, 2025, Blue Foundry Bancorp, Rutherford, New Jersey, and Fulton Financial Corporation, Lancaster, Pennsylvania, announced the execution of a merger agreement pursuant to which Blue Foundry will merge with and into Fulton Financial in an all-stock transaction valued at approximately $243 million. Blue Foundry is the holding company for Blue Foundry Bank and… Read more »