Acquiring Company
Luminate Bank
Acquired Company
First State Mortgage Services
MinneapolisBloomingtonFinancial ServicesFinanceFintechLendingBankingFinancial ServicesFinanceLendingDescription
Luminate Bank has announced the acquisition of select assets from First State Mortgage Services, significantly expanding its presence across the Midwest and Central United States. Many members of the First State Mortgage team will join Luminate Bank, bringing valuable experience and relationships. The combined organization aims to provide a seamless experience for customers while maintaining high service standards.
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M&A Insights
Based on deal dataFrequently asked
Who acquired First State Mortgage Services?
First State Mortgage Services was acquired by Luminate Bank, based in Minneapolis. The deal was reported on August 20, 2026. Luminate Bank® is a nationwide bank that empowers individuals and families to achieve their financial dreams through personalized service and innovative digital solutions. Luminate Bank is privately held and operates in Financial Services.
When did Luminate Bank acquire First State Mortgage Services?
Luminate Bank's acquisition of First State Mortgage Services was reported on August 20, 2026. Luminate Bank has announced the acquisition of select assets from First State Mortgage Services, significantly expanding its presence across the Midwest and Central United States. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does First State Mortgage Services do?
First State Mortgage Services holds the number one market share position in Bloomington, Illinois. It is privately held, operating in Financial Services, and is based in Bloomington.
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