April 22, 2025
On April 21, 2025, Marathon Bancorp, Inc., Wausau, Wisconsin, the holding company for Marathon Bank, completed its conversion from the mutual holding company to the stock holding company form of organization and its related stock offering. A total of 1,693,411 shares of common stock were sold at a price of $10.00 per share. Marathon Bancorp’s common stock trades on the Nasdaq Capital Market under the symbol “MBBC.”
Read More...
March 27, 2025
On March 25, 2025, MountainOne Financial, MHC, North Adams, Massachusetts, and Mechanics Bancorp, MHC, Taunton, Massachusetts, announced their agreement to form a strategic partnership through the merger of MountainOne Financial, MHC and Mechanics Bancorp, MHC. MountainOne Bank and Mechanics Bank, the bank subsidiaries of MountainOne Financial, MHC and Mechanics Bancorp, MHC, respectively, will remain independent entities under a mutual multi-bank holding company.
Read More...
March 13, 2025
On March 12, 2025, NuMark Credit Union (“NuMark”), Joliet, Illinois, announced that it had entered into a definitive agreement to acquire substantially all the assets and assume substantially all the liabilities of The Lemont National Bank (“Lemont”), Lemont, Illinois.
Read More...
February 19, 2025
On February 10, 2025, Eagle Financial Services, Inc. closed the underwritten public offering of 1,562,500 shares of its common stock at a public offering price of $32.00 per share. In connection with the offering, its shares began trading on the Nasdaq Capital Market. Additionally, on February 13, 2025, the underwriters exercised their overallotment option and completed the sale of an additional 234,375 shares of common stock at the public offering price of $32.00 per share. In aggregate, the gross proceeds of the underwritten public offering were $57.5 million.
Read More...
February 6, 2025
On January 31, 2025, Catskill Hudson Bank, Kingston, NY and its parent company, Catskill Hudson Bancorp, Inc., completed its merger with Hudson Valley Credit Union, Poughkeepsie, NY.
Read More...
