We are pleased to announce that Luse Gorman has again received the No. 1 National Ranking as legal counsel for mutual-to-stock conversions and mutual holding company transactions, as reported by SNL, for transactions completed in 2017. Luse Gorman was the legal advisor on eight of the nine mutual-to-stock conversions and mutual holding company stock offerings in 2017. 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 over 15 years. We note that mutual institutions continue to have an interest in mutual holding company stock offerings as a vehicle for raising capital incrementally while preserving control.
Luse Gorman is a trusted legal advisor 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 the Legal Services section of our website, or contact Eric Luse, John Gorman, Larry Spaccasi, Kent Krudys, or Kip Weissman.