Dear Member,

On behalf of the Board of Directors of St. Mary’s & Affiliates Credit Union, we have some important news for you. After careful consideration, your Board of Directors has voted unanimously that St. Mary’s & Affiliates Credit Union merge with Heartland Credit Union. Visit to learn more about this locally focused credit union.

It is increasingly difficult for small credit unions to remain viable in today’s environment and to provide the tools, financial products, and resources that members expect. Joining forces with Heartland Credit Union will give you added benefits including enhanced services, more convenience, and access to cutting edge technologies. Heartland also shares our same commitment of providing exceptional service and value to members.

Heartland Credit Union is headquartered in Madison, Wisconsin and has locations throughout the southwestern part of the state, including two within a 3-mile radius of our Madison branch. We are grateful to occupy our current Madison and Janesville offices located in the SSM Health St. Mary’s Hospitals and our plans are to keep those in operation.

Membership Vote
While this change is strongly recommended by your Board of Directors and management, a decision to merge is dependent upon approval from the members of St. Mary’s & Affiliates Credit Union. Members are able to cast their votes in an election held for the purpose of voting on the merger from June 1 to July 21, 2023. The election will be conducted online.

Special Virtual Membership Meeting
Members are invited to attend a special virtual meeting on July 19, 2023, where you will have an opportunity to meet the leaders of both credit unions and discuss the partnership. To register for the meeting and receive log in instructions go to

Official Member Comments
Members may submit comments about the merger to the National Credit Union Administration (NCUA). Comments, along with the member’s name, will be posted by the NCUA on their website, subject to the limitations and requirements of its regulations. Members may submit their comments online at, or mail to:

NCUA - Office of Credit Union Resources and Expansion
RE: Member-to-Member Communication for St. Mary’s & Affiliates Credit Union
1775 Duke Street
Alexandria, VA 22314

More Information
The most up-to-date and complete information about the merger, the special membership meeting, and the election will be available at

The merger with Heartland Credit Union is unanimously supported by both organization’s Board of Directors and CEOs. We sincerely appreciate your consideration of this important issue and hope you’ll join us in looking forward to this exciting future direction. We encourage your support with a “yes” vote on the upcoming ballot.

Thank you for your continued trust and confidence.