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WARRENVILLE, Ill. – Mid-States Corporate FCU and Minnesota Corporate FCU have stepped up the communication efforts to let members know where the merger stands. In addition to a series of town hall meetings in Minnesota, members of both corporates have received two letters on the progress so far. One letter plays up the Minnesota presence that the corporates say will be maintained once the merger is complete. “Mid-States is dedicated to maintaining an office in Minnesota along with keeping most, if not all, of the current staff,” the letter stated. “In keeping with a strong presence for Minnesota, Mid-States will increase the number of Board of Directors from 9 to 11 members and filling those seats with Minnesota Directors. MCFCU will also receive two additional volunteer positions: one on the Credit Committee and one on the Supervisory Committee. Moreover, there will be the formation of Minnesota Advisory Council to work with Lew Lambert, President of Minnesota Operations, on issues concerning Minnesota members,” stated the letter. The corporates also announced to members that a consultant has been brought in to evaluate where efficiencies could be gained post-merger. Larry Harmon, president/CEO of Qversal Financial Solutions, LLC, will look for post-merger benefits for both organizations. The corporates were busy early on in making this merger work. Back in November, Eleven “Functional Teams” were created with staffers from each corporate to assess what each corporate was doing pre-merger and to pinpoint efficiencies post-merger. [email protected]

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