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.
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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.
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February 15, 2023
On February 8, 2023, Education Credit Union, Amarillo, Texas, successfully completed its merger with H&H Federal Credit Union, Stinnett, Texas. Education Credit Union, as the continuing credit union, has approximately $467 million in assets on a combined basis following the merger.
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February 14, 2023
Luse Gorman, PC is pleased to announce that in 2022 we were the No. 1 legal advisor in the nation, based on number of transactions, for common stock and subordinated debt offerings by financial institutions, as reported by S&P Global Market Intelligence. We served as issuer's counsel in connection with a range of equity and debt offerings, including firm commitment and best-efforts public offerings, private placements, as well as IPO common equity offerings.
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February 13, 2023
Luse Gorman, PC is pleased to announce that we are again among the top legal advisors in the nation, based on number of transactions, for bank mergers and branch acquisitions as reported by S&P Global Market Intelligence. The firm served as counsel for 17 bank merger and branch acquisition transactions in 2022, covering a broad spectrum of deal types and structures, both on the buy and the sell side. Some of our accomplishments as merger and acquisition counsel include:
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