On February 4, 2022, Third Century Bancorp, Franklin, Indiana, the holding company for Mutual Savings Bank, completed a private placement of $10.0 million of its 3.75% Fixed-to-Floating Rate Subordinated Notes due 2032.

Luse Gorman served as legal counsel to Third Century Bancorp in the offering. The Luse Gorman team consisted of Benjamin Azoff and Ellie Cook.

Luse Gorman has extensive experience representing issuers in public offerings and private placements of capital stock, debt, and other securities. To learn more about our Capital Markets and Corporate Finance practice, please visit our website.