On February 1, 2025, Freedom of Maryland Federal Credit Union, Bel Air, Maryland, completed its merger with Atlantic Financial Federal Credit Union, Hunt Valley, Maryland. Freedom of Maryland FCU, as the continuing credit union, has approximately $573.4 million in assets on a combined basis following the merger.
Read More...On January 31, 2025, PeoplesBancorp, MHC, Holyoke, Massachusetts, and SSB Community Bancorp MHC, Spencer, Massachusetts, completed their strategic partnership by merging. PeoplesBank and Cornerstone Bank, the bank subsidiaries of PeoplesBancorp, MHC and SSB Community Bancorp MHC, respectively, remain independent entities under a mutual multi-bank holding company.
Read More...To our clients and friends:
Today we published Volume 14 of The Bankers’ Bulletin, providing our insights into key banking industry developments from January 2025, including:
Luse Gorman, PC is pleased to announce that in 2024 we were ranked the No. 1 legal advisor in the nation, based on number of transactions, for common stock offerings by financial institutions, as reported by S&P Global Market Intelligence. We served as issuer’s counsel in connection with a range of equity offerings, including best efforts and firm commitment public offerings and private placements.
Luse Gorman has the largest community bank legal practice group in the country. Our extensive experience with community financial institutions and the broad range of capital market transactions in which we are involved has enabled us to provide unparalleled service and expertise to our clients. As always, we would like to thank our clients for their continued support and confidence.
For more information please visit our website at www.luselaw.com.
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