Today we published Volume 28 of The Bankers’ Bulletin, which provides our insights into key banking industry developments from March 2026, including: The federal banking agencies’ proposed capital rule changes; The OCC’s streamlined community bank licensing requirements; State legislation regarding interest caps, interchange fees, and digital assets; Federal banking agency FAQs on capital treatment of… Read more »
Posts By: tames
Luse Gorman Served as Legal Counsel to Ballston Spa Bancorp, Inc. in its Merger of Equals with NBC Bancorp, Inc.
On April 1, 2026, Ballston Spa Bancorp, Inc. (“Ballston Spa Bancorp”), the holding company for Ballston Spa National Bank, and NBC Bancorp, Inc., the holding company for The National Bank of Coxsackie, completed their previously announced merger of equals, with Ballston Spa Bancorp as the surviving entity. In addition, The National Bank of Coxsackie merged… Read more »
Luse Gorman is Legal Counsel to Esquire Financial Holdings, Inc. in its Proposed Acquisition of Signature Bancorporation, Inc.
On March 11, 2026, Esquire Financial Holdings Inc., Jericho, New York, and Signature Bancorporation, Inc., Rosemont, Illinois, entered into a merger agreement pursuant to which Esquire will acquire Signature in an all-stock transaction valued at approximately $348 million. Esquire is the holding company for Esquire Bank, National Association, which has approximately $2.4 billion in assets,… Read more »
Luse Gorman is Legal Counsel to The Pittsfield Cooperative Bank in its Strategic Merger with Adams Community Bank
On April 6, 2026, The Pittsfield Cooperative Bank, Pittsfield, Massachusetts, and Adams Community Bank, Adams, Massachusetts, the wholly-owned subsidiary of Community Bancorp of the Berkshires, MHC and Community Bancorp of the Berkshires, Inc., entered into a merger agreement pursuant to which The Pittsfield Cooperative Bank will merge with and into Adams Community Bank. The combined… Read more »
Luse Gorman is Legal Counsel to Affinity Bancshares, Inc. in its Proposed Merger with Fidelity BancShares (N.C.), Inc.
On March 30, 2026, Affinity Bancshares, Inc., Covington, Georgia, and Fidelity BancShares (N.C.), Inc., Fuquay-Varina, North Carolina, entered into a merger agreement pursuant to which Affinity will merge with and into Fidelity in an all-cash transaction valued at approximately $142.8 million. Fidelity is the holding company for The Fidelity Bank and has approximately $4.4 billion… Read more »