Incenta Federal Credit Union Merger

NOTICE IS HEREBY GIVEN that a special meeting of the members of this credit union has been called and will be held at 10:00 a.m. on January 16, 2019, at Incenta FCU Englewood Office, 175 W. Wenger Road, Englewood, OH 45322 for the following purposes.

1. To consider and act upon a plan and proposal for merging Incenta Federal Credit Union (IFCU) with Pathways Financial Credit Union, Inc. (Pathways), whereby all assets and liabilities of IFCU will be transferred to Pathways and all members of IFCU will become members of Pathways and will be entitled to and will receive shares in Pathways for the shares they own in IFCU on the effective date of the merger.
2. To ratify, confirm, and approve the action of the Board of Directors of IFCU in authorizing the officers of IFCU, subject to the approval of the members, to do all things and execute all agreements, documents and other papers necessary to carry out the proposed merger.

   The directors of Pathways and IFCU carefully analyzed the assets and liabilities of each credit union and appraised each credit union’s share values. The appraisal of the share values appears on the individual and consolidated financial statements of both credit unions. After a review of each credit union, a joint Board of Directors determined that the shares of Pathways and IFCU are of equal value and therefore there will be no adjustment of shares.

   The directors of Pathways and IFCU have reached the conclusion that the proposed merger is desirable for the following reasons:

   This merger will result in members of IFCU gaining access to many new products/services and enhanced electronic access to their credit union membership accounts. Members will also gain additional full-service branch access, as the combined credit union will offer up to 12 full-service branches.

   The merger will provide IFCU members with additional access to over 5,000 shared branch locations and more than 5,000 surcharge free ATMs. This will significantly enhance convenient access for the members of IFCU.

   Pathways will be delivering a Comprehensive Digital Experience for IFCU members. Pathways has the resources to improve your banking experience with the latest digital technologies, including a full service online banking program with bill pay, Remote Deposit Capture (Mobile Check Deposit), Mobile banking, Person-to-Person payment, Text banking, 24/7 online loan application, and more.

   Both credit unions share similar philosophies and a commitment to a high level of service, so apart from the benefits of an increased branch network and access to new products/services, members should see very little change during the transition. All staff members employed by IFCU will continue to be employed by Pathways.

   If this merger is approved, IFCU members will automatically become Pathways members. Each of the branches will continue to deliver the same high level of localized service to members. The main office of the Continuing Credit Union (Pathways) will be located at 5665 North Hamilton Road, Columbus, Ohio 43230.

1. Online: Visit https://incentafcu.cuballot.com.
2. By Mail: Complete and return your ballot in the enclosed postage-paid envelope so it is received by 10:00 a.m. on January 16, 2019. Branches cannot accept ballots or mail ballots for members.
3. In Person: Attend and vote during a Special Member Meeting, which will be held at 10:00 a.m. on January 16, 2019, at Incenta FCU Englewood Office, 175 W. Wenger Road, Englewood, OH 45322.