NuMark Credit Union in Joliet, Ill., has agreed to acquire The Lemont National Bank in Lemont, Ill.
The $851 million-asset NuMark did not disclose the amount of the all-cash transaction. The credit union expects to buy the $52 million-asset Lemont National in the second half of this year.
“It is clear to us that our organizations share a common vision in that we are both invested in the importance of putting people and community first in all that we do,” Lloyd Fredenhall, NuMark’s president and CEO, said in a press release.
NuMark bought Pioneer State Bank in 2023.