On December 30, 2025, First Commerce Bancorp, Inc. (the “Company”), Lakewood, New Jersey, the holding company for First Commerce Bank, completed a private issuance of $40.0 million of 7.75% Fixed-to-Floating Rate Subordinated Notes due 2035.
Read More...On January 1, 2026, MountainOne Financial, MHC and MountainOne Financial, Inc., North Adams, Massachusetts, the holding companies for MountainOne Bank (“MountainOne”), completed its merger of equals with Mechanics Bancorp, MHC and Mechanics Bancorp, Inc., Taunton, Massachusetts, the holding companies for Mechanics Cooperative Bank. Following the merger, MountainOne and Mechanics Cooperative Bank will remain separate banks.
Read More...In December 2025, AdelFi Credit Union, Brea, California, completed its merger with Christian Community Credit Union, San Dimas, California. Christian Community Credit Union, as the continuing credit union, has approximately $885 million in assets on a combined basis following the merger.
Luse Gorman served as legal counsel to AdelFi Credit Union in the transaction. The Luse Gorman team included Jeff Cardone 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.
Read More...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.
Read More...On January 1, 2026, NuMark Credit Union (“NuMark”), Joliet, Illinois, completed its purchase of substantially all assets and the assumption of substantially all liabilities of The Lemont National Bank, Lemont, Illinois, the majority-owned subsidiary of Lemont Bancorp, Inc. Following the completion of the transaction, NuMark had approximately $929.7 million in assets and 14 full-service branch locations.
Luse Gorman served as legal counsel to NuMark in the transaction. The Luse Gorman team consisted of Jeff Cardone, Michael Brown 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.
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