October 8, 2024
On September 30, 2024, River Run Bancorp, MHC, Newburyport, Massachusetts, announced the signing of a definitive merger agreement with Rollstone Bancorp, MHC, Fitchburg, Massachusetts, pursuant to which Rollstone Bancorp, MHC, the mutual holding company of Rollstone Bank & Trust, Fitchburg, Massachusetts, will merge with and into River Run Bancorp, MHC. As part of the transaction, Rollstone Bank & Trust will become the third bank subsidiary of River Run Bancorp, MHC, the mutual holding company parent for Newburyport Bank and Pentucket Bank.
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October 4, 2024
On October 3, 2024, OneAZ Credit Union (“OneAZ”), Phoenix, Arizona, announced that it had entered into a definitive agreement to acquire substantially all the assets and assume substantially all the liabilities of 1st Bank Yuma, Yuma, Arizona, the wholly-owned subsidiary of Western Arizona Bancorp, Inc.
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September 27, 2024
On September 20, 2024, Midland Capital Holdings Corporation, the holding company of Midland Federal Savings and Loan Association, a federal savings and loan association headquartered in Bridgeview, Illinois, completed its merger with Midfed Acquisition Corp., a corporation headed by experienced bank executives and investors. The Luse Gorman team consisted of Kip Weissman, Steve Lanter and Max Seltzer.
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September 25, 2024
On September 23, 2024, Generations Bancorp NY, Inc. and its wholly owned subsidiary, Generations Bank, announced the signing of a definitive purchase and assumption agreement with ESL Federal Credit Union, pursuant to which ESL Federal Credit Union will acquire the assets and assume the liabilities of Generations Bank in an all-cash transaction. Following the completion of the acquisition, Generations Bancorp NY, Inc. will settle its remaining obligations and distribute its remaining cash to its shareholders.
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September 24, 2024
On September 20, 2024, Wisconsin Mutual Bancorp, MHC, Kaukauna, Wisconsin, completed its conversion from the mutual holding company to the stock holding company form of organization. Concurrently, EWSB Bancorp, Inc., the newly formed holding company for East Wisconsin Savings Bank, completed its initial public offering by selling 752,538 shares of its common stock at $10.00 per share. EWSB Bancorp’s common stock is listed on the OTC Market under the trading symbol “EWSB.”
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