NOTICE OF SPECIAL MEETING OF THE MEMBERS OF
WASHTENAW FEDERAL CREDIT UNION
The Board of Directors of Washtenaw Federal Credit Union have called a special meeting of the members of this credit union virtually on November 10, 2020 at 5:15 p.m. Website links for the meeting and for voting at the meeting will be placed on the Washtenaw Federal Credit Union website at www.washtenawfcu.org no later than two (2) days prior to the meeting. The purpose of this meeting is:
- To consider and act upon a plan and proposal for merging Washtenaw Federal Credit Union with and into CP Financial Credit Union (hereinafter referred to as the “Continuing Credit Union”), whereby all assets and liabilities of the Washtenaw Federal Credit Union will be merged with and into the Continuing Credit Union. All members of Washtenaw Federal Credit Union will become members of the Continuing Credit Union and will be entitled to and will receive shares in the Continuing Credit Union for the shares they own in Washtenaw Federal Credit Union on the effective date of the merger.
- To ratify, confirm and approve the action of the Board of Directors in authorizing the officers of Washtenaw Federal Credit Union, subject to the approval of members, to do all things and to execute all agreements, documents, and other papers necessary to carry out the proposed merger.
The Board of Directors of Washtenaw Federal Credit Union encourages you to attend the meeting and vote on the proposed merger. Whether or not you expect to attend the meeting, we urge you to vote online at https://washtenawfcu.cuballot.com or sign, date and promptly return the enclosed ballot to vote on the proposed merger. If you wish to submit comments about the merger to share with other members, you may submit them to the National Credit Union Administration (NCUA) at https://www.ncua.gov/services/Pages/resources-expansion/comments-proposed-merger.aspx or 1775 Duke St., Alexandria, VA 22314. The NCUA will post comments received from members on its website, along with the member's name, subject to the limitations and requirements of its regulations.
Click here to view the full Notice of Special Meeting.