Proposed Merger Update

On February 25, 2017 a Special Members Meeting was held by GSEFCU in Tulsa. The purpose of the meeting was to collect ballots and discuss the proposed merger with Lifetime Federal Credit Union in Texas.

 The board invalidated the merger vote because they determined the GSEFCU did not receive a fair representation of the members votes.  Almost 20 percent of the ballots cast were not counted because they were received after the cut-off date. However, the ballots were post marked prior to the meeting date.  The result was two different outcomes depending on whether the post marked ballots were counted or not.  GSEFCU’s legal counsel and the National Credit Union Association supported the board’s decision.

 The board is certainly appreciative of all who voted. The proposed merger vote will be scheduled again for a future date that will allow adequate time for GSEFCU members to cast their vote.

 

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  2017 Payroll/Holiday Calendar 

 

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The routing number for GSEFCU is 303986012

 

 

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