Alert – Volume 7 of The Bankers’ Bulletin

Posted by & filed under Industry Alerts & Publications.

To our clients and friends: Today we published Volume 7 of The Bankers’ Bulletin.  You can find a copy of this edition here.. This volume covers changes to the FDIC’s merger review procedures, the Supreme Court’s latest preemption decision, FinCEN’s proposed expansion of BSA/AML compliance requirements, new activity involving ILC charters, the CFPB’s novel attempts… Read more »

Alert – Supreme Court Decision Signals Changes for Bank Agency Enforcement Processes

Posted by & filed under Industry Alerts & Publications.

To our clients and friends: On June 27, 2024, the United States Supreme Court issued its opinion in Securities and Exchange Commission v. Jarkesy, a decision which will have important ramifications for banks and individuals facing enforcement actions by the federal banking agencies and the CFPB.  Our Client Alert covers the relevant considerations from the… Read more »

Zac Davis and Steve Lanter presented at 2024 Annual Convention for Pacific Northwest States

Posted by & filed under Presentations.

Zac Davis and Steve Lanter presented “Augmenting Capital: Capital Planning and Capital Raising in the Current Environment” at the 2024 Annual Convention for Idaho, Nevada, Oregon and Washington Bankers in Skamania, Washington. The presentation addressed the current regulatory and economic environment for capital planning and capital raises, reasons why banks may want to review their… Read more »

Luse Gorman is Legal Counsel to PeoplesBank in its Proposed Strategic Partnership with Cornerstone Bank

Posted by & filed under Transactions.

On June 18, 2024, PeoplesBancorp, MHC, Holyoke, Massachusetts, and SSB Community Bancorp MHC, Spencer, Massachusetts, announced their agreement to form a strategic partnership through the merger of PeoplesBancorp, MHC and SSB Community Bancorp MHC. PeoplesBank and Cornerstone Bank, the bank subsidiaries of PeoplesBancorp, MHC and SSB Community Bancorp MHC, respectively, will remain independent entities under… Read more »

Alert – Volume 6 of The Bankers’ Bulletin

Posted by & filed under Industry Alerts & Publications.

To our clients and friends: Today we published Volume 6 of The Bankers’ Bulletin.  You can find a copy of this edition here. This volume covers the Supreme Court’s decision on the CFPB’s funding mechanism, Congressional developments regarding custody of crypto assets, bank agency reports on key risks and supervisory priorities, state action limiting credit… Read more »