On April 9, 2019, Beverly Financial, MHC, Beverly, Massachusetts, the holding company for Beverly Bank, and North Shore Bancorp, Peabody, Massachusetts, the holding company for North Shore Bank, announced a definitive merger agreement pursuant to which Beverly will merge with and into North Shore. Upon completion of the merger, the resulting institution will have $1.4… Read more »
Posts By: tames
Luse Gorman Serves as Legal Counsel to Heritage Bancorp in its Proposed Merger with Glacier Bancorp, Inc.
On April 3, 2019, Heritage Bancorp, Reno, Nevada, the holding company for Heritage Bank of Nevada, and Glacier Bancorp, Inc., Kalispell, Montana, the holding company for Glacier Bank, announced a definitive merger agreement pursuant to which Heritage will merge with and into Glacier, with Glacier as the resulting company. Heritage stockholders will receive $12.00 in… Read more »
Thomas P. Hutton presented, together with Fabrizio D’Uva of Pentegra, at the North Carolina Bankers Association 2019 Bank Directors Assembly on March 11, 2019
Thomas P. Hutton presented, together with Fabrizio D’Uva of Pentegra, at the North Carolina Bankers Association 2019 Bank Directors Assembly on March 11, 2019. The presentation, entitled Lesser Known Issues in M&A Due Diligence and Transactions, focused on some of the lesser known issues that have become very important in mergers and acquisitions. These issues… Read more »
Luse Gorman Serves as Legal Counsel to bankHometown in its Proposed Merger with Millbury Savings Bank
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
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 »