Scott A. Brown and Lawrence M. F. Spaccasi presented “Hot Topics Affecting Community Banks” for a webinar hosted by FinPro, Inc. The webinar addressed the current regulatory environment and certain regulatory, consumer compliance, transactional, ESG and governance and disclosure matters affecting community banks.
Posts By: tames
“Glossy” Annual Report EDGAR Filing Requirement
To our clients and friends: The SEC has adopted new rules requiring the submission of “glossy” annual reports on EDGAR. The new rules go into effect six months after July 11, 2022. Our Alert regarding the new rules is available here.
Luse Gorman Served as Legal Counsel to Berkshire Hills Bancorp, Inc. in its $100.0 Million Sustainability Bond Offering
On June 30, 2022, Berkshire Hills Bancorp, Inc., Boston, Massachusetts, the holding company for Berkshire Bank, completed a public offering of $100.0 million of its 5.50% Fixed-to-Floating Rate Subordinated Notes due 2032. Berkshire Hills Bancorp, Inc. is the first public U.S. community bank holding company with under $150 billion in assets to issue a Sustainability… Read more »
Luse Gorman Served as Legal Counsel to Northfield Bancorp, Inc. in its $62.0 Million Subordinated Debt Issuance
On June 17, 2022, Northfield Bancorp, Inc., Woodbridge, New Jersey, the holding company for Northfield Bank, completed a private offering of $62.0 million of its 5.00% Fixed-to-Floating Rate Subordinated Notes due 2032. Luse Gorman served as legal counsel to Northfield Bancorp, Inc. in the offering. The Luse Gorman team consisted of Ned Quint, Scott Brown… Read more »
Zac Davis Presented on LIBOR Transition Legislation at the Connecticut Bankers Association’s 2022 Legislative Update
Zac Davis presented at the Connecticut Bankers Association’s 2022 Legislative Update on June 14, 2022. The presentation titled “Adjustable Interest Rate (LIBOR) Act and its Preemption of State LIBOR Transition Legislation” focused on the provisions of the federal Adjustable Interest Rate (LIBOR) Act passed into law on March 15, 2022, including the various options for… Read more »