Landmark Credit Union Finalizes Acquisition of McHenry Bank Branch

The transition took place over the weekend at the facility located at 1689 N. Curran Rd. While Landmark acquired the physical branch and its associated deposits, the agreement specifically excluded existing loan relationships. To ensure continuity for the local workforce, Landmark offered continued employment to all North Shore Bank associates previously stationed at the branch.

Timothy Mackay, president and CEO of Landmark Credit Union, described the move as a way to bolster service for both new members and existing clients who will now have access to a broader range of digital banking tools and resources. This acquisition aligns with the credit union's wider growth strategy and complements its established indirect lending activity within the region. ALM First provided financial advisory services for the transaction, with legal counsel handled by Honigman LLP.