Landmark Credit Union Completes Acquisition of North Shore Bank Branch in McHenry, IL

MILWAUKEE, Aug. 31, 2026 /PRNewswire/ -- Landmark Credit Union today announced that the acquisition of the North Shore Bank branch in McHenry, IL is complete, adding more than 30 million in deposits to its portfolio. The initial agreement was announced in March and since Landmark received the necessary regulatory approvals, starting Aug. 31, the branch is officially part of the credit union.

"With the completion of this branch acquisition, we are excited to welcome our new members and look forward to serving them as we expand our presence in McHenry County in Illinois," said Timothy Mackay, president & CEO of Landmark Credit Union. "The added branch also will provide further convenience to existing members as they'll benefit from additional resources and products, plus digital banking options. I am energized by the teamwork that led to this integration and look forward to getting further connected in this community."

The conversion of the North Shore Bank branch at 1689 N. Curran Rd. in McHenry, IL. occurred over the weekend. All designated customer accounts are eligible to become members of Landmark Credit Union. This acquisition is a nice complement to Landmark's strong indirect lending activity in the region and is a part of the organization's overall growth strategy.

The agreement included the physical branch and associated deposits but excluded loan relationships. All McHenry North Shore branch associates were offered continued employment with Landmark.

ALM First served as financial advisor and Honigman LLP as legal counsel on this transaction for Landmark Credit Union.

About Landmark Credit Union

Founded in 1933, Landmark Credit Union is a not-for-profit financial cooperative that's focused on serving its members by delivering great rates and low fees, providing personal service and investing in improved member experiences. Landmark Credit Union has more than $8 billion in total assets, 36 branches, more than 405,000 members and 1,000+ employees. For more information, visit landmarkcu.com. 

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SOURCE Landmark Credit Union