Luse Gorman is the Top Legal Advisor in 2021 for Subordinated Debt and Equity Offerings

January 26, 2022

Luse Gorman, PC is pleased to announce that in 2021 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. 2021 was the 13th consecutive year that Luse Gorman was ranked among the Top 5 law firms with respect to common stock and subordinated debt offerings by financial institutions.

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Luse Gorman Again Receives Top Ranking for Mutual-to-Stock Conversions and Mutual Holding Company Reorganizations

January 12, 2022

We are pleased to announce that Luse Gorman, PC has again received the No. 1 National Ranking as legal counsel for mutual-to-stock conversions and mutual holding company transactions, as reported by S&P Global Market Intelligence, for transactions completed in 2021. Luse Gorman was the legal advisor on more mutual-to-stock conversion and mutual holding company stock offerings in 2021 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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Luse Gorman Served as Legal Counsel to Lakeland Bancorp, Inc. in its Acquisition of 1st Constitution Bancorp

January 11, 2022

On January 6, 2022, Lakeland Bancorp, Inc., Oak Ridge, New Jersey, the holding company for Lakeland Bank, completed its acquisition of 1st Constitution Bancorp, Cranbury, New Jersey, the holding company for 1st Constitution Bank in an all-stock transaction. The combined organization will be the 5th largest bank headquartered in New Jersey with over $10 billion in assets.

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Luse Gorman is Legal Counsel to Citizens Bank of Cape Vincent in its Proposed Merger with Gouverneur Savings and Loan Association

January 7, 2022

On January 6, 2022, Citizens Bank of Cape Vincent, Cape Vincent, New York, announced the signing of a definitive merger agreement with Cambray Mutual Holding Company, Gouverneur Bancorp, Inc. and Gouverneur Savings and Loan Association, Gouverneur, New York, pursuant to which Citizens Bank of Cape Vincent will merge with and into Gouverneur Savings and Loan Association in an all-cash transaction valued at approximately $8.4 million.

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