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News & Events

Luse Gorman is Legal Counsel to Sevier County Bancshares, Inc. in its $13 Million Common Stock and Rights Offering

August 7, 2019

On August 6, 2019, Sevier County Bancshares, Inc. (“Sevier County”), Sevierville, Tennessee, the holding company of Sevier County Bank, announced the completion of its $13 million common stock offering, effective August 1, 2019.

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Luse Gorman is Legal Counsel to West End Bank, S.B. in its Proposed Acquisition by Three Rivers Federal Credit Union

August 5, 2019

On August 1, 2019, West End Bank, S.B., Richmond, Indiana, and Three Rivers Federal Credit Union, Fort Wayne, Indiana, announced that Three Rivers will acquire the assets and assume the liabilities of West End Bank in an all-cash transaction.

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Luse Gorman is Legal Counsel to Pioneer Bank in its MHC Reorganization and $111.7 Million Stock Offering

July 19, 2019

On July 17, 2019, Pioneer Bank, Albany, NY, completed its reorganization from a mutual savings bank to the mutual holding company form of organization.

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Luse Gorman is Legal Counsel to First Seacoast Bank in its MHC Reorganization and Minority Stock Offering

July 18, 2019

On July 16, 2019, Federal Savings Bank, Dover, New Hampshire, completed its reorganization from a mutual savings bank to the mutual holding company form of organization. In connection with the reorganization, the bank changed its name to “First Seacoast Bank.”

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Luse Gorman is Legal Counsel to Ben Franklin Bank of Illinois in its Proposed Acquisition by Corporate America Family Credit Union

July 17, 2019

On July 16, 2019, Ben Franklin Bank of Illinois, Arlington Heights, Illinois, its parent company, Ben Franklin Financial, Inc., and Corporate America Family Credit Union (“CAFCU”), Elgin, Illinois, announced that CAFCU will acquire the assets and assume the liabilities of Ben Franklin Bank in an all cash transaction.

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Practice Areas

Mergers and Acquisitions
Capital Markets and Corporate Finance
Public Company Reporting and Shareholder Relations
Executive Compensation, Employee Benefits and Taxation
Corporate Governance
Bank Regulatory and Enforcement Services
De Novo Banks and Bank Charter Conversions

Luse Gorman, PC
5335 Wisconsin Avenue, NW, Suite 780
Washington, D.C. 20015

(202) 274-2000