Gary A. Lax presented “Banking the Hemp Industry” at the Indiana Bankers Association Annual Convention on September 17, 2019, in French Lick, IN. The presentation discussed Industrial Hemp, the status of federal and state laws, and the elements of a risk assessment and compliance program to on-board customers and provide financial products and services to… Read more »
Posts By: tames
Larry Spaccasi, Tom Hutton and Jeff Cardone presented at the CU Leadership Convention
Larry Spaccasi, Tom Hutton and Jeff Cardone presented at the CU Leadership Convention in Las Vegas on August 1, 2019. The presentation, titled “So You Think You Want to Acquire a Bank?” focused on how the acquisition of banks by credit unions has become more common. The presentation also analyzed the factors that drive credit… Read more »
Lawrence Spaccasi Presented a Webinar on Credit Union Mergers
Mr. Spaccasi was a panelist for “Merger Mania: How Credit Unions Can Survive and Thrive on a New M&A Market” presented by the CU Leadership Convention. The webinar focused on the critical factors for highly successful M&A transactions and key issues and procedures that should be focused upon when a credit union is considering a… Read more »
Luse Gorman is Legal Counsel to BV Financial, Inc. in its Proposed Merger with MB Bancorp, Inc.
On September 5, 2019, BV Financial, Inc., Baltimore, Maryland, the holding company for BayVanguard Bank, and MB Bancorp, Inc., Forest Hill, Maryland, the holding company for Madison Bank of Maryland, announced the signing of a definitive merger agreement, pursuant to which MB Bancorp will merge with and into BV Financial, with BV Financial as the… Read more »
Luse Gorman is Legal Counsel to First Mutual Holding Co. in its Proposed Acquisition of Blue Grass Federal Savings and Loan Association
On August 16, 2019, First Mutual Holding Co., a mutual holding company headquartered in Lakewood, Ohio (“First Mutual”), and Blue Grass Federal Savings and Loan Association, a mutual savings association headquartered in Paris, Kentucky (“Blue Grass”), announced the signing of a definitive merger agreement pursuant to which First Mutual will acquire Blue Grass as a… Read more »