Luse Gorman is Legal Counsel to Home Savings Bank in its Proposed Acquisition by Dupaco Community Credit Union

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On September 30, 2021, Home Savings Bank, Madison, Wisconsin, its parent company, Home Bancorp Wisconsin, Inc. (“Home Bancorp”), and Dupaco Community Credit Union (“Dupaco”), Dubuque, Iowa, announced that they had entered into a purchase and assumption agreement, pursuant to which Dupaco will acquire the assets and assume the liabilities of Home Savings Bank in an… Read more »

Luse Gorman Served as Legal Counsel to Metropolitan Bank Holding Corp. in its $172.5 Million Underwritten Follow-On Common Stock Issuance

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On September 20, 2021, Metropolitan Bank Holding Corp., New York, New York, the holding company for Metropolitan Commercial Bank, completed its underwritten follow-on offering of 2,300,000 shares of its common stock at $75.00 per share, which included the underwriters’ exercise of their right to purchase an additional 300,000 shares of common stock. Luse Gorman served… Read more »

Kent Krudys and Tom Hutton presented at the Pennsylvania Association of Community Bankers Annual Convention

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On September 18, 2021, Kent Krudys and Tom Hutton presented, together with professionals from S.R. Snodgrass, at the annual CEO Breakfast Session at the PACB Annual Convention.  Luse Gorman has been a long-time presenter at the CEO Breakfast.  Messrs. Krudys and Hutton led a discussion on current trends in community banking, including topics related to mergers and acquisitions,… Read more »

Luse Gorman Served as Legal Counsel to Greene County Bancorp, Inc. in its $30.0 Million Subordinated Debt Issuance

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On September 15, 2021, Greene County Bancorp, Inc., Catskill, New York, the holding company for The Bank of Greene County, completed a private placement of $30.0 million of its 3.00% Fixed-to-Floating Rate Subordinated Notes due 2031. Luse Gorman served as legal counsel to Greene County Bancorp, Inc. in the offering. The Luse Gorman team consisted… Read more »

Luse Gorman Served as Legal Counsel to Lakeland Bancorp, Inc. in its $150.0 Million Subordinated Debt Issuance

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On September 15, 2021, Lakeland Bancorp, Inc., Oak Ridge, New Jersey, the holding company for Lakeland Bank, completed a public offering of $150.0 million of its 2.875% Fixed-to-Floating Rate Subordinated Notes due 2031. Luse Gorman served as legal counsel to Lakeland Bancorp, Inc. in the offering. The Luse Gorman team consisted of John Gorman, Greg… Read more »