Luse Gorman Served as Legal Counsel to OneAZ Credit Union in its Acquisition of 1st Bank Yuma

November 26, 2025

On November 21, 2025, OneAZ Credit Union ("OneAZ"), Phoenix, Arizona, completed its purchase of substantially all assets and the assumption of substantially all liabilities of 1st Bank Yuma, Yuma, Arizona, the wholly-owned subsidiary of Western Arizona Bancorp, Inc. Following the completion of the transaction, OneAZ has approximately $4.2 billion in assets and 26 banking locations across Arizona.

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Luse Gorman Served as Legal Counsel to Univest Financial Corporation in its $50 Million Subordinated Debt Issuance

November 12, 2025

On November 6, 2025, Univest Financial Corporation, Souderton, Pennsylvania, the holding company for Univest Bank and Trust Co., completed a private issuance of $50.0 million of 6.00% Fixed-to-Floating Rate Subordinated Notes due 2035, with registration rights. The Company entered into a registration rights agreement with each of the purchasers of the Notes under which it will exchange the Notes for similar notes that are registered under the Securities Act of 1933.

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Luse Gorman Served as Legal Counsel to Community Bank, N.A. in its Acquisition of Seven Pennsylvania Branches from Santander Bank, N.A.

November 11, 2025

On November 7, 2025, Community Bank, N.A. ("Community Bank"), a wholly-owned subsidiary of Community Financial System, Inc., completed its acquisition of seven branches in the Allentown, Pennsylvania area from Santander Bank, N.A. ("Santander Bank"), as contemplated by the previously announced Purchase and Assumption Agreement, by and between Community Bank and Santander Bank, dated as of June 24, 2025. In addition, Nottingham Investment Services, Inc., Community Bank’s wholly-owned subsidiary, completed its acquisition from Santander Securities LLC, Santander Bank’s affiliate, of certain wealth management relationships associated with the acquired branches.

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