On September 27, 2019, First Mutual Holding Co., a mutual holding company headquartered in Lakewood, Ohio (“First Mutual”), and Warsaw Federal Savings and Loan Association, a mutual savings association headquartered in Cincinnati, Ohio (“Warsaw”), announced the signing of a definitive merger agreement pursuant to which First Mutual will acquire Warsaw and hold it as a separate bank subsidiary.

Luse Gorman is serving as legal counsel to First Mutual in the transaction.  The Luse Gorman team consists of Kip A. Weissman, Benjamin M. Azoff and Brendan M. Saxon.

This is Luse Gorman’s 16th bank merger transaction announced in 2019.

First Mutual is the federal mutual holding company of First Federal Lakewood and First Mutual Bank with approximately $2.0 billion in total assets.

Warsaw is a federal mutual savings association with approximately $56.0 million in total assets.