Luse Gorman Serves as Legal Counsel to bankHometown in its Proposed Merger with Millbury Savings Bank

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On February 27, 2019, Hometown Financial Group, MHC announced that Millbury Savings Bank, Millbury, Massachusetts, will merge into Hometown Financial Group’s subsidiary bankHometown, Oxford, Massachusetts.  Upon completion of the merger, bankHometown will have over $1 billion in assets and 16 branches in central Massachusetts and northeastern Connecticut. The merger with Millbury Savings Bank will mark… Read more »

Lawrence Spaccasi presented as part of a panel entitled “Should Your Savings Association Take Advantage of HOLA Flexibility?” at the 2019 ABA Conference for Community Bankers in San Diego

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Lawrence Spaccasi presented as part of a panel entitled “Should Your Savings Association Take Advantage of HOLA Flexibility?” at the 2019 ABA Conference for Community Bankers in San Diego on February 11, 2019. The panel discussed the proposed OCC rule which will allow federal savings associations to elect to operate and be regulated like national… Read more »

Thomas P. Hutton presented as part of a panel entitled “Benefits Programs that Engage the Best Employees” at the 2019 ABA Conference for Community Bankers in San Diego

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Thomas P. Hutton presented as part of a panel entitled “Benefits Programs that Engage the Best Employees” at the 2019 ABA Conference for Community Bankers in San Diego on February 12, 2019.  The panel included discussions on ways of attracting and retaining top employees, including using student loan debt reduction plans, to retirement programs, to… Read more »

John Gorman To Lead Panel Discussion on the Role of Delaware Courts at NACD Conference

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John J. Gorman is leading a discussion of the “Role of the Delaware Courts” at the NACD’s Battlefield to Boardroom program on February 21, 2019.  This board development program is designed to prepare retired and soon-to-retire military flag and general officers to serve in the boardroom.   As the recognized authority on leading boardroom practices, the… Read more »

Luse Gorman Serves as Legal Counsel to Valley Central Bank on its Proposed Merger With American Savings Bank

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On February 1, 2019, Valley Central Bank and its mutual holding company, Valley Central, MHC, Liberty Township, Ohio, announced the execution of an agreement with American Savings Bank, Middletown, Ohio, pursuant to which American Savings Bank will merge with and into Valley Central Bank. Luse Gorman serves as legal counsel to Valley Central Bank and… Read more »