On May 1, 2025, Frontier Credit Union (“Frontier”), Idaho Falls, Idaho, announced that it had entered into a definitive agreement to acquire substantially all the assets and assume substantially all the liabilities of First Citizens Bank of Butte (“First Citizens”), Butte, Montana.

Frontier has approximately $700 million in assets and operates 13 branches throughout the State of Idaho.

First Citizens has approximately $75.3 million in assets and operates one branch in Butte, Montana.

Luse Gorman is serving as legal counsel to Frontier in the transaction.  The Luse Gorman team consists of Jeff Cardone, Michael Brown, Ellie Cook, Babette Schwartz and Trevor Kline.

Luse Gorman has acted as counsel on more than 150 bank and credit union merger transactions during the past ten years and more bank and credit union merger 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.