June 10, 2026

On June 1, 2026, MAC Federal Credit Union, Fairbanks, Alaska, merged with and into Credit Union 1, Anchorage, Alaska.  Following the merger, Credit Union 1 has more than $1.7 billion in assets and serves over 112,000 members across 19 branches.

Luse Gorman served as legal counsel to Credit Union 1 in the transaction. The Luse Gorman team consisted of Jeff Cardone, Mike Brown and Keeler Fina.

Luse Gorman has acted as counsel on more than 150 bank and credit union M&A transactions during the past six years and on 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 credit union services, please visit our website.