The Board of Directors of Chesterfield Federal Credit Union have called a special meeting of the members of this credit union on Monday, March 16, 2020 at 5:30 pm at:
North Courthouse Road Library
325 Courthouse Rd, Richmond, VA 23236
The purpose of this meeting is:
To consider and act upon a plan and proposal for merging Chesterfield Federal Credit Unionwith and into Virginia Credit Union, Inc., (hereinafter referred to as the "Continuing CreditUnion”), whereby all assets and liabilities of the Chesterfield Federal Credit Union will bemerged with and into the Continuing Credit Union. All members of Chesterfield Federal CreditUnion 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 Chesterfield 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 Chesterfield 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 Chesterfield 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 sign, date and promptly return your ballot to vote on the proposed merger.