We are pleased to share that MSU Federal Credit Union (MSUFCU) has received regulatory approval from the National Credit Union Administration (NCUA) and the Federal Deposit Insurance Corporation (FDIC) to acquire McHenry Savings Bank. This transaction will officially take place on September 1, 2024.

We are excited to welcome you to MSUFCU. Our team will work diligently to make your transition effortless, and we look forward to providing you with superior service to help you achieve your financial goals.

To become a member of MSUFCU and gain access to MSUFCU's products and services, please complete one of the following membership opt-in actions as soon as possible. By opting in, you also agree to MSUFCU making a $10 donation to the Desk Drawer Foundation on your behalf if necessary for you to become a member. The Desk Drawer Foundation supports the communities where MSUFCU operates.

A membership opt-in notification containing a unique control number has been mailed to each MSB customer.

If you have not opted in by September 1, 2024, you will not have access to the following products and services until you have opted in: opening a new account, loan, or safe deposit box; adding a joint party or new signer to an existing account; adding or removing account beneficiaries; making an advance of funds from an open line of credit; receiving a first-time debit card for an open checking account; purchasing a money order, cashier's check, or VISA gift card; receiving signature guarantee or notary public services; and redeeming a U.S. savings bond.

Complete your membership opt-in via one of the options listed below as soon as possible.

Mail: Complete the "opt-in" form (view sample) mailed to you and return it using the self-addressed stamped envelope provided.

Online: Visit msufcu.org/msbmembership.

Telephone: Call 1-312-270-0204, x3133.

In person: Visit one of our convenient branch locations:
• 353 Bank Drive, McHenry, IL 60050
• 10520 N Main Street, Richmond, IL 60071
• 4000 N Johnsburg Road, Johnsburg, IL 60051

We'll be working to ensure you have all the information needed for a smooth transition to MSUFCU.

Our plan is to transition your MSB accounts to MSUFCU's records and systems in the second quarter of 2025. In the meantime, you'll maintain access to your MSB accounts and be able to continue to conduct transactions as usual. For more information, see the "Account Conversion" section of the Acquisition Notice and FAQs.

Below you'll find links to documents with timelines, important dates, and other valuable information to guide you through the account conversion process and ensure a seamless transition as you officially become an MSUFCU member.

MSUFCU values the safety and security of your personal and financial information. We will never contact you to ask for personal or account security information (including username/password, card numbers, personal identification number (PIN), CVV code, etc.). Visit our Security Center for additional information on security standards and more.

If you have questions about the acquisition, the Credit Union, or MSUFCU membership, please contact us and a member of our team will be happy to help. We have dedicated support available to answer your questions.