On July 11, 2021, Lakeland Bancorp, Inc., Oak Ridge, New Jersey, and 1st Constitution Bancorp, Cranbury, New Jersey, entered into a definitive merger agreement pursuant to which 1st Constitution Bancorp will merge with and into Lakeland Bancorp, with Lakeland Bancorp as the resulting company in an all-stock transaction valued at approximately $244.4 million. As part… Read more »
Posts By: tames
Luse Gorman Served as Legal Counsel to New Hampshire Mutual Bancorp in its $20.0 Million Subordinated Debt Issuance
On July 8, 2021, New Hampshire Mutual Bancorp, Concord, New Hampshire, the holding company for Meredith Village Savings Bank, Merrimack County Savings Bank and Savings Bank of Walpole, completed a private placement of $20.0 million of its 3.25% Fixed-to-Floating Rate Subordinated Notes due 2031. The notes are intended to qualify as Tier 2 capital for regulatory purposes…. Read more »
Luse Gorman is Legal Counsel to Home Savings and Loan Association of Carroll County, F.A. in its Proposed Branch Acquisition from NBH Bank
On April 21, 2021, Home Savings and Loan Association of Carroll County, F.A., Norborne, Missouri, entered into an agreement pursuant to which it will acquire NBH Bank’s branch office located in Carrollton, Missouri. Home Savings and Loan is expected to acquire approximately $27.1 million of deposits and approximately $2.0 million of loans. Luse Gorman is… Read more »
Luse Gorman is Legal Counsel to Meridian Bancorp, Inc. in its Proposed Acquisition by Independent Bank Corp.
On April 22, 2021, Meridian Bancorp, Inc., Peabody, Massachusetts, announced the signing of a definitive merger agreement with Independent Bank Corp., Rockland, Massachusetts, pursuant to which Meridian will merge with and into Independent. Meridian shareholders will receive 0.275 of a share of Independent common stock for each share of Meridian common stock. The total merger… Read more »
Agata S. Troy Joins Luse Gorman, PC
Washington, DC, April 19, 2021. For Immediate Release. Luse Gorman, PC is pleased to announce that Agata S. Troy has joined the Washington, DC law firm as a partner. Ms. Troy was most recently a partner at Manatt, Phelps & Phillips, LLP. With her addition to the partnership, Luse Gorman builds upon its unparalleled experience… Read more »