Overview
The BFKN Financial Institutions Group served as legal counsel to The Lemont National Bank ("Lemont") in its agreement with NuMark Credit Union ("NuMark"), whereby NuMark will acquire substantially all of Lemont’s assets and liabilities in an all-cash transaction.
Upon completion of the transaction, NuMark will have approximately $910 million in total assets and expand its footprint to 15 branches across Illinois. The transaction is expected to close in the second half of 2025, subject to regulatory and shareholder approvals.
“We are extremely excited to have found a partner that will continue to serve our customers in a manner they have come to expect from The Lemont National Bank,” said Hercules Bolos, Chairman, President & CEO of Lemont.
BFKN’s legal team was led by Financial Institutions Group co-chair Robert M. Fleetwood and partner Abdul R. Mitha with assistance from associate Camryn C. Dreyer.
To read more about this transaction, visit: