Sample Letter of Intent

This sample letter of intent should be re-typed onto your company/organization letterhead. This letter format is only for employers with less than 3,000 employees; if you have more than 3,000 employees, please contact an account executive at one of the numbers below.

Members 1st Federal Credit Union
P.O. Box 40
Mechanicsburg, PA 17055

Our account executives:

Lisa MacDougall
Call (800) 283-2328, ext. 5250
Fax: (717) 795-5594

Candice Neff
Call (800) 283-2328, ext. 5783
Fax: (717) 795-5594

Betsy Devitz
Call (800) 283-2328, ext. 6809
Fax: (717) 795-5594

Greg Melhorn
Call (800) 283-2328, ext. 5190
Fax: (717) 795-5594

 

Membership - Letter of Intent

[INSERT DATE]

Mr. George Nahodil

Executive Vice President

Members 1st Federal Credit Union

5000 Louise Drive
P.O. Box 40

Mechanicsburg, PA 17055

Dear Mr. Nahodil:

(INSERT NAME OF BUSINESS OR ASSOCIATION) requests that Members 1st Federal Credit Union seek approval from the National Credit Union Administration to include (INSERT NAME OF BUSINESS OR ASSOCIATION) in the credit union's field of membership.

Our company is located (INSERT NUMBER OF MILES) miles from the nearest Members 1st branch. Given the location of your branch offices relative to our business, as well as your product and service offerings, we have determined that Members 1st is the credit union best suited to meet our employee's financial service needs and our business needs.

We employ (INSERT NUMBER OF EMPLOYEES) who (CHOOSE EITHER WORK IN OR ARE PAID FROM AND INCLUDE THE CITY AND STATE).

A brief description of our business is as follows:

Thank you for considering our request. We hope that you will proceed with our application and we look forward to giving our employees an opportunity to take advantage of the benefits the credit union provides.

Sincerely,

Signature and Title

Certificate Special Offer

APY*

Home Equity Loan Rates as low as

APR*

VISA Credit Card

APR*

*APR=Annual Percentage Rate   **APY=Annual Percentage Yield