Luse Gorman is Serving as Legal Counsel to Michigan State University Federal Credit Union in its Proposed Merger with University Federal Credit Union

October 14, 2026

On October 13, 2026, Michigan State University Federal Credit Union (“MSUFCU”), East Lansing, Michigan, announced that it had entered into a definitive agreement to merge with University Federal Credit Union, Austin, Texas. Together, the combined organization will serve more than 850,000 members with $13.5 billion in assets and over 2,200 team members.

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Luse Gorman Served as Legal Counsel to Randolph-Brooks Federal Credit Union in its Merger with True Sky Federal Credit Union

October 8, 2026

On October 1, 2026, Randolph-Brooks Federal Credit Union (“RBFCU”), Live Oak, Texas, completed its previously announced merger with True Sky Federal Credit Union, Oklahoma City, Oklahoma. Following the completion of the merger, RBFCU has almost $20 billion in assets and serves over 1.1 million members at more than 70 branch locations throughout Texas and Oklahoma.

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Luse Gorman Served as Legal Counsel to Land of Lincoln Credit Union in its Acquisition of Williamsville State Bank & Trust

September 2, 2026

On September 1, 2026, Land of Lincoln Credit Union (“LLCU”), Decatur, Illinois, completed its purchase of substantially all the assets and assumption of substantially all the liabilities of Williamsville State Bank & Trust, Williamsville, Illinois, the wholly-owned subsidiary of WSB Financial, Ltd. Following the completion of the transaction, LLCU has approximately $500 million in assets and 15 branch locations across Illinois.

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