On May 15, 2024, Lakeland Bancorp, Inc., Oak Ridge, New Jersey, the holding company for Lakeland Bank, completed its merger with Provident Financial Services, Inc., Iselin, New Jersey, the holding company for Provident Bank.

Following the merger, Provident Financial has more than $24.5 billion in total assets, $18.8 billion in total loans and $18.6 billion in total deposits.

Luse Gorman served as legal counsel to Lakeland Bancorp in the transaction. The Luse Gorman team consisted of John Gorman, Marc Levy, Gregory Sobczak, Agata Troy, Max Seltzer, and Brendan Saxon.

Luse Gorman has acted as counsel on more than 100 bank M&A transactions during the past seven years and more bank M&A transactions than any other law firm in the nation over the past 20 years. To learn more about our mergers and acquisitions practice, please visit our website.