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Banking and Financial Services


Nutter's banking and financial services attorneys serve as corporate and regulatory counsel to banks, savings institutions, and other financial institutions, and we address a wide range of banking clients' needs, including new bank formations, mergers and acquisitions, holding company formations, conversions, interstate expansion, the introduction of new products and services, including securities, insurance and trust services, and electronic banking.

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Our clients
Our clients include the full range of financial institutions, such as commercial banks and bank holding companies, thrift institutions and thrift holding companies, trust companies, insurance companies and agencies, equipment leasing companies, non-bank subsidiaries, and real estate investment trusts.

Our practice
Corporate and regulatory matters

  • Mergers, acquisitions, and public and private sales of equity and debt securities for various types of banking and insurance companies, including trust-preferred securities
  • Organization of de novo banks
  • New structures, including mutual holding companies and conversions of mutual banks
  • New products and services, including insurance, investment products, trust services, collective investment and common trust funds
  • Corporate and regulatory advice

Executive compensation

  • Design and administer equity-based compensation programs on a company-wide and individual basis
  • Structure compensation programs on a tax-efficient basis, balancing performance and reward
  • Advise and counsel on compensation arrangements, including incentive and nonqualified stock option plans, and profit interests in partnerships and limited liability companies
  • Develop ways to reduce high-net-worth individuals' future estate taxes attributable to compensation-related asset 
  • Employment agreements
  • SERPs

One of the largest percentages of Nutter’s work comes from banks and institutional lenders, with clients who span from national and global financial institutions, financial services firms, insurance companies, equipment lessors and major commercial borrowers, to regional and local community banks.

The expertise tapped by clients in this segment of our business includes regulatory, transactional, securities, M&A, workout and restructurings, litigation, employment and executive compensation, public policy and tax matters, with many clients turning to us for a multidisciplinary service mix.

Nutter has handled more than $8 billion in real estate lending transactions and more than 1,000 equipment financing deals worth more than $3 billion in the last decade. The firm’s commercial finance team has been chosen by lenders, equipment lessors and borrowers to handle literally thousands of transactions involving collateral in 46 states and abroad. We are currently counsel of choice for more than half of the top 10 commercial banks in the United States for one form of commercial finance or another, as well as many of the region’s most reputable life insurance companies, pension funds and commercial borrowers. One of those banks has sought our assistance in more than 100 commercial finance transactions in recent years, and continues to send its deals to Nutter.

Nutter’s community banking practice has emerged as a market leader in New England, having represented more than 70 banks and thrift institutions in corporate and regulatory matters in the past few years. The firm has placed among the top 20 firms nationally in merger and acquisition work for banks according to the M&A Annual published by the American Banker.

Whether global or local, the banking industry has been through tumultuous times in recent years and the firm has worked with clients across the spectrum to endure the challenges, navigate regulatory changes and continuously seek opportunities to improve business, whether through acquisition, conversion, sale of equity or debt securities, the creation of new products and services, restructuring or other initiatives.

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Representative Matters

Representative Matters

  • ESB Bancorp MHC

    Merger with Hometown Community Bancorp MHC

  • Fidelity Bank

    Merger with Barre Savings Bank

  • Bank of New Hampshire

    Acquisition of Community Guaranty Savings Bank

  • Northeast Retirement Services, Inc.,

    Pending acquisition by Community Bank System, Inc. (NYSE: CBU)
    Approximately $140 million

  • North Middlesex Savings Bank

    Merger with Marlborough Savings Bank

  • North Shore Bank

    Merger with Merrimac Savings Bank 

  • Institution for Savings

    Acquisition of Rockport National Bancorp, Inc.
    $28.3 million

  • Connecticut River Bancorp, Inc.

    Merger with Mascoma Mutual Financial Services Corporation
    $26.7 million

  • Centrix Bank & Trust

    Merger with Eastern Bank Corporation
    $134 million

  • North Brookfield Savings Bank

    Merger with FamilyFirst Bank

  • Adams Community Bank

    Acquisition of The Lenox National Bank
    $14.3 million

  • Greenfield Cooperative Bank

    Merger with Northampton Cooperative Bank

  • Granite Savings Bank

    Merger with Cape Ann Savings

  • Banks (all charter types)

    23 mergers and acquisitions (all transaction structures) since 2004

  • Massachusetts banks

    12 mutual holding company reorganizations since 2003

  • Out-of-state licensed lenders

    Counsel on regulatory matters in Massachusetts, four lenders, past 5 years

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