On February 1, 2026, Frontier Credit Union, Idaho Falls, Idaho, completed its purchase of substantially all assets and the assumption of substantially all liabilities of First Citizens Bank of Butte, Butte, Montana, the wholly-owned subsidiary of Butte Bank Shares, Inc. Following the completion of the transaction, Frontier Credit Union had approximately $775 million in assets… Read more »
Posts By: tames
Alert – Volume 26 of The Bankers’ Bulletin
Today we published Volume 26 of The Bankers’ Bulletin, which provides our insights into key banking industry developments from January 2026, including: • The OCC’s proposed rule on national trust bank authority; • The FDIC’s final revisions to its appeals process; • The progress of community bank reform legislation in the House; • The withdrawal… Read more »
Luse Gorman is Legal Counsel to Northfield Bancorp, Inc. in its Proposed Merger with Columbia Financial, Inc.
On January 31, 2026, Northfield Bancorp, Inc., Woodbridge, New Jersey, and Columbia Financial, Inc., Fair Lawn, New Jersey, entered into a merger agreement pursuant to which Northfield will merge with and into Columbia in a cash and stock transaction valued at approximately $597 million. Northfield is the holding company for Northfield Bank and has approximately… Read more »
Luse Gorman Served as Legal Counsel to First Savings Financial Group, Inc. in its Merger with First Merchants Corporation
On February 1, 2026, First Savings Financial Group, Inc., Jeffersonville, Indiana, the holding company for First Savings Bank, completed its previously announced merger with First Merchants Corporation, Muncie, Indiana, the holding company for First Merchants Bank. As part of the all-stock transaction, First Savings Bank merged with and into First Merchants Bank. Luse Gorman served… Read more »
Luse Gorman is the Number One Legal Advisor for Credit Union – Bank Acquisitions in 2026
Luse Gorman, PC is once again the number one legal advisor in the nation for credit union – bank acquisitions, based on number of transactions, as reported by S&P Global Market Intelligence. There were 15 acquisitions of banks by credit unions announced in 2025. Luse Gorman served as legal counsel in 9 of these transactions, which… Read more »