Jones Walker is proud to serve as legal advisor to Maryland-based CBM Bancorp, Inc. as the company announced on January 28, 2022, it signed a definitive agreement related to a proposed merger of CBM Bancorp and its subsidiary, Chesapeake Bank of Maryland, with Rosedale Federal Savings & Loan Association, Baltimore, Maryland, in an all-cash transaction with an aggregate transaction value of $64.4 million. Jones Walker partners in the Washington, DC office, Ed Crosland and Ricky Fisch, represented CBM Bancorp in this transaction. The merger is anticipated to close during the first half of 2022.