April 10, 2023

On March 31, 2023, NuMark Credit Union, Joliet, Illinois, completed its acquisition of Pioneer State Bank, Earlville, Illinois.

All four of Pioneer State Bank’s branches will operate as branch offices of NuMark Credit Union, increasing NuMark Credit Union’s total branches to 13 and total assets to approximately $759 million following the completed acquisition.

Luse Gorman served as legal counsel to NuMark Credit Union in the transaction.  The Luse Gorman team consisted of Jeffrey Cardone, Michael Brown, Brendan Saxon and Babette Schwartz.

Luse Gorman has acted as counsel on more than 100 bank and credit union M&A transactions during the past seven years and more bank and credit union M&A transactions than any other law firm in the nation over the past 20 years. To learn more about our mergers and acquisitions practice, please visit our website.