Luse Gorman Served as Legal Counsel to Mid-Southern Savings Bank, FSB in its Completed Acquisition by Beacon Credit Union

May 6, 2025

On April 25, 2025, Mid-Southern Savings Bank, FSB, Salem, Indiana, and its parent company, Mid-Southern Bancorp, Inc., completed a purchase and assumption transaction with Beacon Credit Union (“BCU”), Wabash, Indiana, in which BCU has acquired substantially all the assets and assumed substantially all the liabilities of Mid-Southern Bank in an all-cash transaction.

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