Dear Valued Member,

Over the past several months, we’ve shared updates about the proposed merger between MAC Federal Credit Union and Credit Union 1 (CU1). That work has continued, and we are now moving to the next step: your vote.

A Special Meeting of the membership to vote on the proposed merger will be held on May 28, 2026, at 6:30 p.m. at 1317 Wembley Ave, Fairbanks, AK. Whether or not you expect to attend the meeting, the Board encourages you to vote on the proposed merger. There are three ways to cast your vote: online, signing and returning the included ballot, or in person at the meeting.

A partnership between MAC and CU1 allows us not only to keep our staff and branches in place, but also to expand the services and resources available to you while remaining 100% Alaska-focused. Together, we will be stronger, more resilient, and better positioned to serve our members for decades to come.

If approved, there will be no immediate changes to your accounts or services. We will move through a thoughtful transition as systems are integrated, with clear communication at every step. You will continue to experience the MAC you know and trust, with the same staff, branches, and personalized service. As integration progresses, you will gain expanded benefits, including higher lending limits, improved digital tools, and greater access to branches and ATMs across Alaska.

The future is bright — and proudly Alaskan. Thank you for being part of this important moment and for helping to shape the future of your credit union.

For additional information, FAQs, or to submit questions, please visit: www.macfcu.org/cu1.