Dear Valued Member,

The proposed merger between Ascent Federal Credit Union and Goldenwest Federal Credit Union represents an exciting and important step in Ascent’s history. With the unanimous support of the Ascent Board of Directors and approval from the National Credit Union Administration (NCUA), we are moving forward with a strategic opportunity designed to strengthen our credit union for the future while honoring our past, operating as Weber State Credit Union, a division of Goldenwest Credit Union. As a member-owned cooperative, your participation matters—and your vote counts.

Restoring the Weber State Credit Union name honors our long-standing WSU heritage, strengthens university pride and loyalty, and carries our shared history forward with the added scale and resources of Goldenwest to better serve members in the years ahead. This merger brings together two credit unions that share a commitment to member service, financial strength, and community values. By combining resources, Ascent and Goldenwest will be better positioned to expand access to full-service branches, reduce fees, improve rates, broaden product offerings, and invest in enhanced digital banking services.

Your vote is essential. Approval of the merger requires a majority vote of participating Ascent Federal Credit Union members. Each “YES” vote helps move us toward a stronger, more resilient credit union—one that is better equipped to meet your evolving financial needs.

A special membership meeting to share the results of the vote on the proposed merger with Goldenwest Federal Credit Union is scheduled for May 14, 2026 at 7pm at the WSU Hurst Center, located 1265 E Village Drive Ogden, UT 84408. The merger is anticipated to become legally effective on June 1, 2026, with full system integration expected to be completed by November 1, 2026.

If you have any questions, please visit our FAQ section at www.ascentcu.com/merger-faq/, or reach out to our Help Center at 801-399-9728. Thank you for your continued trust and engagement as a valued member of Ascent Federal Credit Union. We appreciate your thoughtful consideration and look forward to building a stronger future together.

Sincerely,
Roger Smout
Board Chair
Ascent Federal Credit Union