In December 2025, AdelFi Credit Union, Brea, California, completed its merger with Christian Community Credit Union, San Dimas, California. Christian Community Credit Union, as the continuing credit union, has approximately $885 million in assets on a combined basis following the merger. Luse Gorman served as legal counsel to AdelFi Credit Union in the transaction. The Luse… Read more »
Posts By: tames
Luse Gorman Served as Legal Counsel to Marion and Polk Schools Credit Union in its Acquisition of Lewis & Clark Bank
On December 31, 2025, Marion and Polk Schools Credit Union (“Maps”) Salem, Oregon, completed its purchase of substantially all assets and the assumption of substantially all liabilities of Lewis & Clark Bank, Oregon City, Oregon, the wholly-owned subsidiary of Lewis & Clark Bancorp. Following the completion of the transaction, Maps had approximately $1.7 billion in… Read more »
Luse Gorman Served as Legal Counsel to NuMark Credit Union in its Acquisition of The Lemont National Bank
On January 1, 2026, NuMark Credit Union (“NuMark”), Joliet, Illinois, completed its purchase of substantially all assets and the assumption of substantially all liabilities of The Lemont National Bank, Lemont, Illinois, the majority-owned subsidiary of Lemont Bancorp, Inc. Following the completion of the transaction, NuMark had approximately $929.7 million in assets and 14 full-service branch… Read more »
Luse Gorman Served as Legal Counsel to Cornerstone Bank in its Merger with Athol Savings Bank
On December 31, 2025, Cornerstone Bank, Spencer, Massachusetts, a subsidiary of PeoplesBancorp, MHC, Holyoke, Massachusetts, completed its previously announced acquisition of Athol Savings Bank, Athol, Massachusetts. Luse Gorman served as legal counsel to Cornerstone Bank in the transaction. The Luse Gorman team consisted of Scott Brown and Max Seltzer. Cornerstone Bank has 12 branch locations… Read more »
Luse Gorman is Legal Counsel to LINKBANCORP, Inc. in its Proposed Merger with Burke & Herbert Financial Services Corp.
On December 18, 2025, LINKBANCORP, Inc., Camp Hill, Pennsylvania, and Burke & Herbert Financial Services Corp., Alexandria, Virginia, entered into a merger agreement pursuant to which LINKBANCORP will merge with and into Burke & Herbert in an all-stock transaction valued at approximately $354 million. LINKBANCORP is the holding company for LINKBANK and has approximately $3.1… Read more »