On June 5, 2025, Provident Bancorp, Inc., Amesbury, Massachusetts, announced the signing of a merger agreement with NB Bancorp, Inc., Needham, Massachusetts, pursuant to which Provident Bancorp will merge with and into NB Bancorp in a cash and stock transaction valued at approximately $211.8 million.
Read More...Today we published Volume 18 of The Bankers’ Bulletin, providing our insights into key banking industry developments from May 2025, including:
Read More...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...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...On June 24, 2025, Community Bank, N.A. (“Community Bank”), a subsidiary of Community Financial System, Inc., entered into a Purchase and Assumption Agreement with Santander Bank, N.A., to acquire seven branch locations in the Allentown, PA area. Under the agreement, Community Bank will assume approximately $600 million in deposits and purchase approximately $33 million in branch-related loans. In addition, Community Bank will purchase related wealth management relationships.
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