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Illinois’ NuMark Credit Union to buy in-state bank

Summary by bankingdive.com
The deal for The Lemont National Bank, expected to close in the second half of 2025, is the second proposed acquisition of a bank this year by a credit union.

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Illinois’ NuMark Credit Union to buy in-state bank

The deal for The Lemont National Bank, expected to close in the second half of 2025, is the second proposed acquisition of a bank this year by a credit union.

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Retail Banker InternationalRetail Banker International

NuMark Credit Union agrees to buy The Lemont National Bank

NuMark Credit Union, based in Joliet, Illinois, has signed an agreement to acquire The Lemont National Bank, located in Lemont, Illinous. This all-cash transaction will see NuMark purchasing nearly all assets and liabilities of Lemont. The boards of directors at both NuMark Credit Union and The Lemont National Bank have given unanimous approval to the acquisition. With over $800m in assets and more than 60,000 members, NuMark Credit Union curren…

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bankingdive.com broke the news in on Thursday, March 13, 2025.
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