To our clients and friends: On May 5, 2026, the Securities and Exchange Commission (the “SEC”) issued a proposed rule to amend periodic reporting requirements for public companies under the Securities Exchange Act of 1934 that have been in place for more than 50 years. Under the proposed rule, reporting companies would be permitted to file… Read more »
Posts By: tames
Alert – Volume 29 of The Bankers’ Bulletin
Today we published Volume 29 of The Bankers’ Bulletin, which provides our insights into key banking industry developments from April 2026, including the: Proposed revisions to the BSA/AML compliance regime; Banking agencies’ updated model risk guidance; OCC’s regulations to preempt state interchange fee laws; Final community bank leverage ratio rule; FDIC’s report on risks facing… Read more »
Luse Gorman Served as Legal Counsel to LINKBANCORP, Inc. in its Merger with Burke & Herbert Financial Services Corp.
On May 1, 2026, LINKBANCORP, Inc., Camp Hill, Pennsylvania, the holding company for LINKBANK, completed its merger with and into Burke & Herbert Financial Services Corp., Alexandria, Virginia, the holding company for Burke & Herbert Bank & Trust Company. Luse Gorman served as legal counsel to LINKBANCORP in the transaction. The Luse Gorman team consisted… Read more »
Luse Gorman is Legal Counsel to First Seacoast Bancorp, Inc. in its Proposed Merger with Cambridge Financial Group, Inc.
On May 5, 2026, First Seacoast Bancorp, Inc. (“First Seacoast”), Dover, New Hampshire, and Cambridge Financial Group, Inc. (“Cambridge Financial”), Cambridge, Massachusetts, entered into a merger agreement pursuant to which First Seacoast will merge with and into Cambridge Financial in an all-cash transaction valued at approximately $80.9 million. First Seacoast is the holding company for… Read more »
Benjamin Azoff participated in the Bank Legal Panel at D.A. Davidson Financial Institutions Conference
On May 5, 2026, Benjamin Azoff participated in the Bank Legal Panel at the D.A. Davidson 28th Annual Financial Institutions Conference in Nashville, Tennessee. The session focused on the current regulatory environment, AI, capital planning and the mergers and acquisitions landscape.