Alert – Volume 18 of the Bankers’ Bulletin
Today we published Volume 18 of The Bankers’ Bulletin, providing our insights into key banking industry developments from May 2025, including:
Read More...Lawrence M.F. Spaccasi participated in Regulatory and M&A Legal Panel hosted by Olsen Palmer
On June 3, 2025, Lawrence M.F. Spaccasi participated in an on-line Regulatory and M&A Legal Panel hosted by Olsen Palmer. The session focused on the current regulatory environment and its impact on the mergers and acquisitions landscape. A replay of the panel can be accessed here.
Read More...Luse Gorman was Legal Counsel to The First of Long Island Corporation in its Merger with ConnectOne Bancorp, Inc.
On June 1, 2025, The First of Long Island Corporation, Melville, New York, the holding company for The First National Bank of Long Island, completed its merger with ConnectOne Bancorp, Inc., Englewood Cliffs, New Jersey, the holding company for ConnectOne Bank.
Read More...Luse Gorman is Legal Counsel to Avenir Financial Federal Credit Union in its Proposed Acquisition of Mission Bank
On May 26, 2025, it was announced that Community Bancshares, Inc., the bank holding company for Mission Bank, Kingman, Arizona, had entered into a definitive agreement with Avenir Financial Federal Credit Union (“Avenir”), Yuma, Arizona, pursuant to which Avenir will acquire substantially all the assets and assume substantially all the liabilities of Mission Bank.
Read More...Luse Gorman is Legal Counsel to CFSB Bancorp, Inc. in its Proposed Acquisition by Hometown Financial Group, Inc.
On May 20, 2025, CFSB Bancorp, Inc., Quincy, Massachusetts, entered into a definitive merger agreement with Hometown Financial Group, Inc., Easthampton, Massachusetts, under which Hometown Financial Group will acquire CFSB Bancorp. CFSB Bancorp stockholders will receive $14.25 in cash per share of CFSB Bancorp common stock for total merger consideration of approximately $44 million. As a part of the transaction, Colonial Federal Savings Bank, the banking subsidiary of CFSB Bancorp, will merge with and into North Shore Bank, a banking subsidiary of Hometown Financial Group.
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