Zac Davis presented at the Elliott Davis Financial Services Strategy Forum. The presentation addressed current hot topics for financial institutions focusing on the current regulatory environment, the landscape for mergers and acquisitions and capital raises, a summary of recent Supreme Court cases and the potential effects of the 2024 election for financial institutions.
Posts By: tames
Volume 12 of The Bankers’ Bulletin
To our clients and friends: Today we published Volume 12 of The Bankers’ Bulletin, our last edition of the year. You can find a copy here. In this volume, we outline some of our early predictions of the potential impacts of the November election on bank regulation, supervision, examination, and enforcement. We also cover the… Read more »
Luse Gorman is Legal Counsel to Guilford Savings Bank in its Proposed Merger with Eastern Connecticut Savings Bank
On November 27, 2024, Guilford Savings Bank and Eastern Connecticut Savings Bank announced their agreement pursuant to which Eastern Connecticut Savings Bank will merge with Guilford Savings Bank, with Guilford Savings Bank as the surviving entity. Guilford Savings Bank is a $1.1 billion savings bank with eight branch offices located throughout southern Connecticut. Guilford Savings… Read more »
Luse Gorman Served as Legal Counsel to Blue Federal Credit Union in its $10.0 Million Subordinated Debt Issuance
Blue Federal Credit Union, a federally chartered credit union headquartered in Cheyenne, Wyoming, has successfully completed a private placement of $10.0 million of subordinated notes. The subordinated notes are intended to qualify as subordinated debt under NCUA rules and are considered regulatory capital in the calculation of Blue Federal Credit Union’s net worth ratio and… Read more »
Brendan Clegg Presented on Key Bank Regulatory and Enforcement Updates at the New Hampshire Bankers Association and Vermont Bankers Association Fall 2024 Compliance Conference
On November 19, 2024, Brendan Clegg presented on key bank regulatory and enforcement updates at the New Hampshire Bankers Association and Vermont Bankers Association Fall 2024 Compliance Conference in Concord, New Hampshire. The presentation focused on potential policy, supervision, and personnel changes at the federal banking agencies after the 2024 election, recent landmark decisions by the… Read more »