February 15, 2023
On February 8, 2023, Education Credit Union, Amarillo, Texas, successfully completed its merger with H&H Federal Credit Union, Stinnett, Texas. Education Credit Union, as the continuing credit union, has approximately $467 million in assets on a combined basis following the merger.
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February 14, 2023
Luse Gorman, PC is pleased to announce that in 2022 we were the No. 1 legal advisor in the nation, based on number of transactions, for common stock and subordinated debt 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 and debt offerings, including firm commitment and best-efforts public offerings, private placements, as well as IPO common equity offerings.
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February 13, 2023
Luse Gorman, PC is pleased to announce that we are again among the top legal advisors in the nation, based on number of transactions, for bank mergers and branch acquisitions as reported by S&P Global Market Intelligence. The firm served as counsel for 17 bank merger and branch acquisition transactions in 2022, covering a broad spectrum of deal types and structures, both on the buy and the sell side. Some of our accomplishments as merger and acquisition counsel include:
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February 9, 2023
We are pleased to announce that Luse Gorman, PC was again the No. 1 legal counsel in the nation for mutual-to-stock conversions and mutual holding company transactions, as reported by S&P Global Market Intelligence, for transactions completed in 2022. Luse Gorman was the legal advisor on more mutual-to-stock conversion and mutual holding company stock offerings in 2022 than all other law firms combined. 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 the past 20 years.
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February 8, 2023
On January 27, 2023, Bancorp 34, Inc., Scottsdale, Arizona, the holding company for Bank 34, completed the second round of a private offering for a total offering of $29.6 million of common stock and preferred stock that is convertible into non-voting common stock.
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