On October 29, 2025, IF Bancorp, Inc., Watseka, Illinois, and ServBanc, Holdco, Inc., Oswego, Illinois, entered into a merger agreement pursuant to which IF Bancorp will merge with and into ServBanc in an all-cash transaction valued at approximately $89.8 million, subject to certain potential adjustments described in the agreement. IF Bancorp is the holding company… Read more »

On October 29, 2025, OceanFirst Financial Corp., Red Bank, New Jersey, the holding company for OceanFirst Bank, N.A., completed a public offering of $185.0 million of 6.375% Fixed-to-Floating Rate Subordinated Notes due 2035. Luse Gorman served as legal counsel to OceanFirst Financial Corp. in the transaction. The Luse Gorman team included Ned Quint, Greg Sobczak… Read more »

On October 15, 2025, Seneca Bancorp, Inc., Baldwinsville, New York, the holding company for Seneca Savings Bank, National Association, completed its conversion from the mutual holding company to the stock holding company form of organization and its related stock offering. At the same time, Seneca Savings Bank converted its charter from a federal savings association… Read more »

On October 10, 2025, First Interstate Bank, Billings, Montana, completed its previously announced sale of twelve branches – ten Arizona branches and two Kansas branches – to Enterprise Bank & Trust. First Interstate Bank, the wholly owned subsidiary of First Interstate BancSystem, Inc., operates in Colorado, Idaho, Iowa, Minnesota, Missouri, Montana, Nebraska, North Dakota, Oregon,… Read more »