Dear Member of Laneco Federal Credit Union:

On behalf of the Board of Directors of Laneco Federal Credit Union (LFCU), I am pleased to share exciting news. We have received regulatory approval to pursue a merger with Central Willamette Credit Union.

The LFCU Board of Directors unanimously voted in favor of putting this forward for approval by the membership. However, the final decision is up to you. You are being asked to vote on a proposal for a merger with Central Willamette Credit Union, an Oregon state-chartered credit union with headquarters located in Albany, Oregon.

Unlike bank mergers that are designed to make money for stockholders, this merger represents a partnership between two credit unions that are committed to members and the communities we serve. If approved, LFCU members will have increased access to branches, products and services.

Your vote is very important, and a merger between Laneco Federal Credit Union and Central Willamette Credit Union must have the approval of a majority of members of LFCU. In the materials accompanying this letter, you will find a Notice of Special Meeting, a ballot to cast your vote, and other information related to the proposed merger. Should you require additional information, please direct questions to our attention at 541-683-5665 or 800-709-5665 or email us at laneco@laneco.org.

To be counted, your ballot must reach us by the date and time stated on the enclosed ballot.

We greatly appreciate your membership and thank you for your support.

Sincerely,

LANECO FEDERAL CREDIT UNION

Manetta Deggelman, Board Chair
LFCU Board of Directors

Click here to view the election packet.