January 16, 2024

We are pleased to announce that Luse Gorman, PC was again the No. 1 legal counsel in the nation in 2023 for mutual-to-stock conversions and mutual holding company transactions, as reported by S&P Global Market Intelligence. In 2023, Luse Gorman was the legal advisor on all standard mutual-to-stock conversions and all but one second-step conversions. Additionally, Luse Gorman has been the No. 1 ranked law firm for mutual-to-stock conversions and mutual holding company stock offerings each year for the past 20 years.

FIRM

NUMBER OF STANDARD CONVERSIONS

NUMBER OF SECOND-STEP CONVERSIONS

Luse Gorman, PC

5

2

No. 2 Firm

0

1

Luse Gorman is the leading legal advisor nationally to financial institutions that need corporate, securities and regulatory advice in their efforts to raise additional capital to support growth and profitability. We appreciate the continued support and confidence of our clients.

For more information about our law firm and to learn more about how your community bank can successfully complete a mutual-to-stock conversion or mutual holding company stock offering, please visit our website at www.luselaw.com.