Dear Member,

On behalf of the board of directors of Meritrust Credit Union (MCU), I am pleased to share exciting news. We have received regulatory approval to pursue a merger with Premier Members Credit Union (PMCU).

MCU’s board of directors and leadership team support this merger. However, the final decision is up to you. You are being asked to vote on a proposal for a merger with PMCU. By uniting, our combined assets would be nearly $4 billion, serving nearly 200,000 members with 650 employees and 33 branches throughout many communities across Colorado and Kansas.

Unlike bank mergers that are designed to make money for stockholders, this merger represents a partnership between two healthy credit unions that are committed to our members and the communities we serve. Additionally, our combined organization would be better positioned to expand our products, services, branch network, and technology in a financial services sector that is continually evolving.

Your vote is very important, and a merger between MCU and PMCU must have the approval of a majority of members of the credit union voting on the proposal. Should you require additional information, please direct questions to our attention at merger@meritrustcu.org.

We recommend you vote to “APPROVE” the proposed merger with Premier Members Credit Union. To be counted, your ballot must reach us by the date and time announced for the meeting and noted on the ballot.

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

Sincerely,

Steven Dunn
Board Chair
Meritrust Credit Union