February 12, 2026
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 and 16 branch locations.
Read More...
February 11, 2026
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 of a joint statement on ECOA by DOJ/CFPB;
• The Comptroller’s call for changes to resolution planning;
and more.
A link to the latest edition of the Bulletin is available here. If you have any questions related to any of the items covered in this edition of the Bulletin, please reach out to Brendan Clegg (bclegg@luselaw.com), Marc Levy (mlevy@luselaw.com), Scott Brown (sbrown@luselaw.com), Keeler Fina (kfina@luselaw.com), or your regular Firm contact. To learn more about Luse Gorman, please visit our website.
Read More...
February 4, 2026
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.
Read More...
February 3, 2026
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.
Read More...
February 2, 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 represented 60 percent of the transactions in 2025, covering a broad range of deal types and structures.
Read More...
