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Landmark Credit Union to acquire North Shore Bank branch

PRIVATEMar 19, 20266 months ago

Acquiring Company

Landmark Credit Union

Acquired Company

North Shore Bank

BrookfieldMassachusettsFinancial ServicesFinanceLendingNon ProfitFinancial ServicesFinanceLendingBanking

Description

Landmark Credit Union has announced its agreement to acquire the North Shore Bank branch in McHenry, IL. The deal will add approximately $34 million in deposits and involves welcoming the branch's employees to Landmark's team. The acquisition aligns with Landmark's strategy to expand its presence in Illinois.

Company Information

Company

Landmark Credit Union

Location

Brookfield, Wisconsin, United States

About

Landmark Credit Union is a not-for-profit financial cooperative founded in 1933. With more than $6 billion in total assets, 35 branches, over 390,000 members, and 1,000+ employees, it is focused on delivering great rates and low fees, providing personal service, and investing in improved member experiences.

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Predictive Intelligence
Strategic

ML-powered predictions for Landmark Credit Union's next move

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

Frequently asked

Who acquired North Shore Bank?

North Shore Bank was acquired by Landmark Credit Union, based in Brookfield. The deal was reported on March 19, 2026. Landmark Credit Union is a not-for-profit financial cooperative founded in 1933. Landmark Credit Union is privately held and operates in Financial Services.

When did Landmark Credit Union acquire North Shore Bank?

Landmark Credit Union's acquisition of North Shore Bank was reported on March 19, 2026. Landmark Credit Union has announced its agreement to acquire the North Shore Bank branch in McHenry, IL. The deal will add approximately $34 million in deposits and involves welcoming the branch's employees to Landmark's team. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does North Shore Bank do?

North Shore Bank is a full-service community bank headquartered in Peabody, Massachusetts. It is privately held, operating in Financial Services, and is based in Massachusetts.

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