Bay Gulf Masthead
August 23, 2010
MERGER APPROVAL
The regulators provide approval; now yours is requested
 
 
Your Board of Directors unanimously agreed to pursue a merger with MIDFLORIDA Credit Union after determining that the products and services they offer would be extremely advantageous to you. Recently, both state and federal regulators have approved proceeding with the merger.
 
Ballot BoxThe final step is to have the merger ratified by the Bay Gulf membership. A letter from the Chairman of the Board, pertinent merger information, and a ballot will be sent to all eligible members this week.
 
 
You will have two opportunities to vote. You may use the ballot that will be mailed to you soon and return it by September 16 via the return envelope that will be enclosed, or you may vote at a special membership  meeting.
 
SPECIAL MEMBERSHIP MEETING
 
Friday, September 17, 2010
1:30 PM
 
Greater Tampa Association of Realtors Auditorium
2918 West Kennedy Boulevard
Tampa, Florida
 
Light refreshments and non-alcoholic beverages will be served.
 
MIDFLORIDA + BAY GULF...
Benefits for You
 
MIDFLORIDA Credit Union was established in 1954, has 25 branches serving 128,000 members and has a reputation for superior service and convenience. It has assets of $1.4 billion, is well-capitalized and has remained fiscally strong during this economic turndown.
 
 
THE COMBINED CREDIT UNION
MIDFLORIDA Logo 
The combined credit union, MIDFLORIDA and Bay Gulf, will result in $1.55 billion in assets, nearly 150,000 members and service to 14 Central Florida counties. Becoming part of MIDFLORIDA will offer numerous benefits to you and all Bay Gulf members. These include:
 
  • Extended service hours
  • Higher dividend rates
  • Lower loan rates
  • Reduced fees in some cases
  • Elimination of PIN-based debit card fees
 
In This Issue
Merger Approval
Special Membership Meeting
MIDFLORIDA + Bay Gulf
Quick Links
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
  
 
 
 
 
 
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Antique map in Manifest Header Art provided courtesy of David Rumsey Map Collection

www.davidrumsey.com 

Thank you for being a loyal member of Bay Gulf over the years. We do encourage you to vote in favor of the merger with MIDFLORIDA Credit Union as it will offer numerous immediate benefits to you and all our members. Please watch the mail for your ballot and return it promptly.
 
Sincerely,
 
Member Services
Bay Gulf Credit Union
813.932.1301