On May 1, 2026, Westar Federal Credit Union, Camillus, New York, completed its merger with and into Beginnings Credit Union, Ithica, New York. Following the merger, Beginnings Credit Union has over $1.51 billion in assets and serves over 77,000 members across 14 branch locations. Luse Gorman served as legal counsel to Westar Federal Credit Union… Read more »
Posts By: tames
Luse Gorman Served as Legal Counsel to R.I.A. Federal Credit Union in its Merger with Redbrand Credit Union
On May 1, 2026, R.I.A. Federal Credit Union, Bettendorf, Iowa, completed its merger with Redbrand Credit Union, Bartonville, Illinois. Following the merger, R.I.A. Federal Credit Union has approximately $750.3 million in assets and serves over 47,000 members across 13 branch locations. Luse Gorman served as legal counsel to R.I.A. Federal Credit Union in the transaction…. Read more »
Scott A. Brown presented on M&A Landscape at the FMS Boston Chapter Meeting
On April 7, 2026, Scott A. Brown presented on the M&A Landscape at the FMS Boston Chapter Meeting in Waltham, Massachusetts. The presentation focused on the current mergers and acquisitions environment, actions to take and items to consider in anticipation of and to prepare for a merger transaction and the merger and acquisition process.
Alert – Volume 28 of The Bankers’ Bulletin
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 »
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 »