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 assets and 14 full-service branch locations.
Luse Gorman served as legal counsel to Maps in the transaction. The Luse Gorman team consisted of Jeff Cardone, Agata Troy, Zac Davis, and Keeler Fina.
Luse Gorman has acted as counsel on more than 150 bank and credit union merger transactions during the past ten years and on 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 credit union services and mergers and acquisitions practice, please visit our website.
