Dear Member:

The Board of Directors of Chicagoland Electrical Industry Credit Union would like to thank you for your loyalty and membership.

As a valued member we would like to inform you that as result to the hard economy and low demand in loans, the Credit Union is faced with the need to shrink its deposits.

Effective April 30th, 2012 the credit union will only be able to sustain a $40,000.00 balance per share account.

It is very unfortunate and difficult for the Board of Directors to have to face this situation and to have arrived at this decision. We truly value and appreciate the trust you have placed in us and in the Credit Union throughout the years, but for that same reason we can reassure you that our main responsibility and commitment to all of our members is to continue to maintain a healthy financial status in order to continue to offer all good quality service in the many years to come.

We are asking for your cooperation in this matter and contact us at (708) 467-3755 to provide us with guidance in how and where you would like your excess funds to be sent to.

We apologize for any inconvenience this may have caused, and I hope you can keep us in mind for any future lending need you may have.

Sincerely,

Chicagoland Electrical Industry Credit Union
Board of Directors