Hoyne Savings Bank’s Acquisition Of Loomis Federal Savings And Loan Association


Luse Gorman, PC advised Hoyne Savings Bank on the deal.

Hoyne Savings Bank, Chicago, Illinois, completed its acquisition of Loomis Federal Savings and Loan Association, Chicago, Illinois.

Hoyne Savings Bank is an Illinois-chartered stock savings bank with approximately $510 million in total assets and nine full-service branch offices in the Chicagoland area.

Loomis Federal Savings and Loan Association is a full-service bank. The bank accepts deposits, makes loans and provides other services for the public.

Luse Gorman served as legal counsel to Hoyne Savings Bank in the transaction. The Luse Gorman team consisted of Kip Weissman (Picture), Benjamin Azoff, Thomas Hutton and Zachary Davis.

Involved fees earner: Benjamin Azoff – Luse Gorman, PC; Zachary Davis – Luse Gorman, PC; Thomas Hutton – Luse Gorman, PC; Kip Weissman – Luse Gorman, PC;

Law Firms: Luse Gorman, PC;

Clients: Hoyne Savings Bank;

Author: Ambrogio Visconti