To Our Clients and Friends: On January 14, 2026, the National Credit Union Administration (“NCUA”) issued a letter outlining its annual supervisory priorities, including its updated examination procedures, and highlighting the areas it views as posing the highest risk to credit union members and the industry this year. Our Legal Update covering this letter is… Read more »
Posts By: tames
Luse Gorman is the Top Legal Advisor in 2025 for Offerings
Luse Gorman is once again the No. 1 legal advisor in the nation for common stock and subordinated debt offerings by financial institutions, based on the number of transactions, as reported by S&P Global Market Intelligence. We served as issuer’s counsel in connection with a range of equity and debt offerings, including firm commitment public… Read more »
Luse Gorman is a Top Legal Advisor for Bank Mergers in 2025
Luse Gorman, PC is once again a top legal advisor in the nation for bank mergers, based on number of transactions, as reported by S&P Global Market Intelligence. The firm served as counsel for 22 bank merger transactions in 2025, covering a broad spectrum of deal types and structures, both on the buy and the… Read more »
Luse Gorman is Legal Counsel to Zeal Credit Union in its Proposed Acquisition of The Miners State Bank
On January 5, 2026, Zeal Credit Union, Livonia, Michigan, announced that it had entered into a definitive agreement to acquire substantially all the assets and assume substantially all the liabilities of The Miners State Bank, Iron River, Michigan, the wholly-owned subsidiary of MSB Bankshares, Inc. Zeal Credit Union has approximately $1.0 billion in assets and… Read more »
Luse Gorman Served as Legal Counsel to Zeal Credit Union in its Acquisition of Gogebic Range Bank
On January 1, 2026, Zeal Credit Union, Livonia, Michigan, completed its purchase of substantially all assets and the assumption of substantially all liabilities of Gogebic Range Bank, Ironwood, Michigan, the wholly-owned subsidiary of West End Financial Corp. Following the completion of the transaction, Zeal Credit Union had over $1.0 billion in assets and 17 branch… Read more »