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.

Luse Gorman served as legal counsel to Frontier Credit Union in the transaction.  The Luse Gorman team included Jeff Cardone, Michael BrownEllie Cook, and Babette Schwartz.

Luse Gorman has acted as counsel on more than 150 bank and credit union M&A transactions during the past six 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.