Notice to NCUA and request to proceed with member vote.

CFR · 2024-01-01 · US · Title 12

(a) (1) The merger plan (as described below in paragraph (b) of this section); (2) Resolutions of the boards of directors of both institutions; (3) Certification of the board of directors (as described below); (4) Proposed Merger Agreement; (5) Proposed Notice of Special Meeting of the Members and any other communications about the merger that the credit union intends to send to its members, including electronic communications posted on a Web site or transmitted by electronic mail; (6) Proposed ballot to be sent to the members; (7) For State chartered credit unions, evidence that the proposed merger is authorized under State law (as described below); (8) A copy of the bank's last two examination reports; (9) A statement of the merger valuation of the credit union; (10) A statement of whether any merger payment will be made to the members and how such a payment will be distributed among the members; (11) Information about the due diligence of the directors in locating a merger partner and determining that the merger is in best interests of the members of the credit union (as described below); (12) Copies of all contracts reflecting any merger-related compensation or other benefit to be received by any director or senior management official of the credit union; (13) If the merging credit union's assets on its latest call report are equal to or greater than the threshold amount established annually by the Federal Trade Commission under 15 U.S.C. 18a(a)(2)(B)(i), a statement abou

official document · source cfr-2024 · id 12:§ 708a.304