After a record-breaking membership approval vote, we are excited to announce that we are officially merging with Members First Credit Union on June 1, 2012. Over 2,500 Central Michigan members cast their vote, making it one of the highest voter turnouts the state has seen in years. You voted five to one in favor of the merger. Thank you for your confidence!

The mission of the Board of Directors and staff of Central Michigan Community Federal Credit Union is to provide excellence in service, helping each member realize their financial goals and dreams. Both Central Michigan Community Federal Credit Union and Members First Credit Union are member-owned, not-for-profit cooperatives. This partnership is a proactive step by two financially sound institutions to capitalize on their strengths, and position the proposed combined organization to grow and move forward for the membership.

Members First Credit Union is an outstanding credit union that began as a school employees’ credit union over 75 years ago in Midland. Members First is also a full-service financial institution while maintaining the small-town service feel that you are accustomed to receiving.

According to the merger agreement, effective June 1, 2012, Members First Credit Union will be the continuing credit union with total combined assets of $300 million and 30,000 members. As a member of our credit union, you will become a member of the continuing credit union. On the effective date of the merger, you will receive shares in the continuing credit union for the shares you own now in our credit union. Beyond a healthy, diverse credit union, benefits of the merger to you will be:

• A branch and ATM network of eight locations. You will be able to conduct business in Midland, Mt. Pleasant, Clare, Harrison, Evart, and Gladwin.

• The same employees in each of our offices that you are used to seeing who are committed to making a positive difference for you.

• Online banking with financial management tools, integrated Bill Pay, and mobile banking with texting and app services.

• Customized checking packages that will allow you to choose the features that best fit your needs.

• Expanded savings and lending products.

• Economies of scale that will continue to keep savings rates up and loan rates down.

Both our regulator, the State of Michigan Office of Financial and Insurance Regulation, and Central Michigan’s regulator, the National Credit Union Administration, have approved this merger. With the membership approval, we will now be working to complete system conversions and staff training prior to June 1, 2012. We will also be communicating more with you in the coming months. Look for merger updates in your newsletter, through special mailings, and on our website. We’re excited to be moving forward with this great opportunity for all involved.

Copyright © 2004 Central Michigan Community Federal Credit Union
Last modified: February 10, 2012