Over the past several months, we’ve shared updates about the proposed merger between MAC Federal Credit Union and Credit Union 1 (CU1). That work has continued, and we are now moving to the next step: your vote.
A Special Meeting of the membership to vote on the proposed merger will be held on May 28, 2026, at 6:30 p.m. at 1317 Wembley Ave, Fairbanks, AK. Whether or not you expect to attend the meeting, the Board encourages you to vote on the proposed merger. There are three ways to cast your vote: online, signing and returning the included ballot, or in person at the meeting.
A partnership between MAC and CU1 allows us not only to keep our staff and branches in place, but also to expand the services and resources available to you while remaining 100% Alaska-focused. Together, we will be stronger, more resilient, and better positioned to serve our members for decades to come.
If approved, there will be no immediate changes to your accounts or services. We will move through a thoughtful transition as systems are integrated, with clear communication at every step. You will continue to experience the MAC you know and trust, with the same staff, branches, and personalized service. As integration progresses, you will gain expanded benefits, including higher lending limits, improved digital tools, and greater access to branches and ATMs across Alaska.
The future is bright — and proudly Alaskan. Thank you for your continued trust and engagement as we look ahead.
Voting Details:
- Ballots cannot be dropped off at MAC or CU1 branches. Members must either mail their ballot using the prepaid envelope or vote online.
- To vote online, visit: https://macfcu.cuballot.com/
- Mailed ballots must be received by May 28, 2026, at 6:30 pm to be counted.
- To vote, you must be 16 or older and a MAC member as of February 28, 2026 (members who joined after that date will not receive a ballot).
Exciting News: MAC Federal Credit Union and Credit Union 1 Plan to Merge
At MAC Federal Credit Union, we have always been dedicated to putting our members and community first. That’s why we are excited to announce our intent to merge with Credit Union 1 (CU1)—a fellow Alaska-grown financial institution that shares our values, commitment to service, and vision for the future.
What This Means for You
We will continue to operate under the Credit Union 1 name, serving more than 112,000 members with over $1.6 billion in assets, all while maintaining the personalized service and local support you trust.
Alaska Only Focus
Like MAC, CU1 is 100% focused on Alaska. CU1’s state-chartered status means they serve only Alaskans, and that won’t change.
More Branches and ATMs
Enjoy access to 19 branch locations statewide and 50+ ATMs. Members will also gain access to 30,000+ surcharge-free ATMs nationwide through the Co-op network.
Expanded Financial Services
More loan options, enhanced digital banking tools, and expanded financial products. Members will benefit from higher lending limits: up to $1 million for homes and $300,000 for vehicles or recreational toys.
Improved Technology and Products
We are evaluating all products and services to keep what members love while expanding opportunities for all.
Continued Commitment to Community
Both MAC and CU1 have deep roots in Alaska and a shared belief that financial institutions should uplift the communities they serve. Together, we’ll expand our impact and support even more Alaskans.
Same Great Service
The employees you trust will stay. Our goal is to retain all staff and keep the local expertise and community care you’re used to.
Stay Informed
Find answers to common questions and read updates throughout the process: News and FAQ Page
Questions or comments? We welcome your feedback. Please share it here.
We are excited about what’s ahead and grateful for your continued trust. This merger is an opportunity to build something even stronger for our members, our employees, and our communities.
Thank you for being a part of MAC Federal Credit Union—we look forward to this next chapter together!
An informational booklet was mailed to MAC members the week of March 17, 2026, with additional insight about the proposed merger with CU1. This booklet offers a closer look at how the MAC Board of Directors reached its decision to pursue this partnership, along with what it means for you and the steps ahead in the voting process. View an electronic copy of the booklet here.
We encourage you to take a few moments to review the booklet and learn more about the proposal so you can make an informed decision when the time comes.