October 18, 2022

On October 14, 2022, Barksdale Federal Credit Union, Bossier City, Louisiana, completed its acquisition of HomeBank of Arkansas (“HomeBank”), Greenbrier, Arkansas.

All five of HomeBank’s branches in Damascus, Portland, Greenbrier, Marshall and Little Rock, Arkansas will operate as branch offices of Barksdale Federal Credit Union, increasing Barksdale Federal Credit Union’s total number of branches to 30 and total assets to approximately $2.1 billion.

Luse Gorman served as legal counsel to Barksdale Federal Credit Union in the transaction. The Luse Gorman team consisted of Jeffrey Cardone, Michael Brown, Ellie Cook and Zachary Davis.

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.