Welcome Williamsville State Bank Customers!

The boards of Williamsville State Bank & Trust (“Williamsville” or “WSBT”) and Land of Lincoln Credit Union ("Land of Lincoln" or “LLCU”), an Illinois chartered credit union, have signed a definitive agreement for LLCU to purchase the assets and assume the liabilities of Williamsville, and have received regulatory approval to complete the purchase and assumption transaction.

A purchase and assumption transaction means a financial institution (credit union, bank, or thrift) purchases the assets and assumes liabilities (including all insured deposits) from another bank or thrift. In this instance, Land of Lincoln is purchasing all the assets and assuming all the liabilities of Williamsville.

The current competitive marketplace and increasing demands in the rapidly evolving financial services industry led Williamsville’s management and board to determine that combining with a larger organization is the optimal strategy to serve its customers today and well into the future. Williamsville customers, at the time the transaction is completed, will become members of Land of Lincoln Credit Union with full access to the credit union's vast array of products and services and LLCU's larger lending limit.

Williamsville’s management and board are impressed by Land of Lincoln's commitment to exceptional service as well as its investment in people and community, which already includes strong outreach in the greater Springfield area. This partnership will provide a positive financial return to all members of Land of Lincoln following the transaction.

Credit unions are member-owned, not-for-profit financial institutions. That means each member also is an owner. Credit unions do not have outside stockholders making decisions. The membership of credit unions elects the credit union board. This system allows earnings to be returned to members with lower fees, higher rates on deposit accounts, and lower rates on loans. See “What Are My Rights as a Member of Land of Lincoln Credit Union?” below.

Land of Lincoln Credit Union (or LLCU) is an Illinois-chartered credit union, regulated by the Credit Union Section, Division of Financial Institutions, Illinois Department of Financial and Professional Regulation (“IDFPR”) and federally insured by the National Credit Union Administration (the "NCUA"). Land of Lincoln operates from its main office in Decatur, Illinois, with offices located throughout central and southern Illinois. The LLCU mission is “To provide our members education and tools to achieve financial success.”

This proposed partnership is a cultural and geographic fit that will create enhancements for members of Land of Lincoln and Williamsville. With this transaction, LLCU will add three branches to Land of Lincoln’s branch footprint in the greater Springfield area to include Williamsville, IL and Sherman, IL.

While the board of directors of both institutions have approved the proposed purchase, and approval has been received by the required banking regulators, the proposed acquisition remains subject to customary closing conditions. Assuming that all applicable closing conditions are met, both Williamsville and Land of Lincoln intend to finalize the acquisition on or about June 30^th, 2026.

Williamsville customers will need to continue to conduct in-person banking at one of the three existing Williamsville State Bank branch locations until the conversion to LLCU’s records system is complete, which is expected on or about September 26^th, 2026. After that date, former Williamsville customers will have full access to all LLCU products, services, branch locations, and ATMs. See the discussion under the heading “Account Conversion” below for additional information regarding changes that will occur following the conversion to LLCU’s records system.

Pending all closing conditions are met in a timely fashion, we expect the records system conversion to occur on or about September 26^th, 2026. LLCU will continue to send communications describing what to expect as we transition all Williamsville accounts to LLCU, including detailed instructions regarding any potential changes to your accounts, to online banking, to any products and/or services, etc.

On the official closing date, which is expected on or about June 30^th, 2026, when LLCU purchases and assumes all of Williamsville’s loans and deposits, all customers of Williamsville will automatically become members of Land of Lincoln Credit Union. All new LLCU members are required to have a main savings account with a balance of $5.00. This serves as your “share” as a part owner of LLCU. For any Williamsville customer that does not currently have a savings account at WSBT, LLCU will open and fund a main savings account with a balance of $5.00.

We do not anticipate any interruption of service, and no action is necessary on your part following the completion of the acquisition (on or about June 30^th, 2026). The three Williamsville branches will remain open following the acquisition to serve you.

There will likely be a small interruption of some services during the week of the records system conversion, which is expected to take place on or about September 26^th, 2026. Any interruption of service, any changes to accounts or products/services, and any action required by you before, during or immediately after the system conversion will be communicated to you well in advance of system conversion date.

Before, during and after the records system conversion, we do not anticipate disruption to regular banking transactions, including direct deposits, automated payments/transfers, ATM/debit or similar transactions, or your transactions by mail, safe deposit boxes, or paper-based checks. We do not anticipate any impact on receiving your periodic statements via your current method – paper or electronic – and will communicate delivery details as necessary.

After the acquisition, LLCU expects to continue to offer very similar products and services as are currently offered at Williamsville State Bank. Presently, Williamsville offers checking accounts, savings accounts, CDs, and money market accounts. These same deposit products are presently offered at Land of Lincoln Credit Union. Williamsville currently offers Online and Mobile Banking, LLCU also offers very robust online and mobile banking platforms. One change you will surely like is that LLCU’s mobile banking platform offers you the capability to remotely deposit checks. Your transition to LLCU Online and Mobile Banking should be easy and seamless. More detailed information will follow as we near the system conversion date.

In the lending area, you will find that LLCU product offerings are quite similar to those currently offered by WSBT. Finally, at least initially, the hours of operations for all three Williamsville State Bank branches will likely remain the same. We anticipate the transition may increase branch traffic, so we may expand our hours of operation after the conversion is complete.

After the closing date, your deposits will be federally insured by the NCUA and not by the FDIC. All your current deposits will continue to be federally insured up to $250,000 for each account category through the NCUA. Additionally, LLCU provides members with an additional $750,000 in deposit coverage through Excess Share Insurance (ESI). Therefore, when combining both NCUA and ESI, LLCU members' deposits are protected up to at least $1,000,000.

At no time during the transition from FDIC to NCUA will your deposits be uninsured. Enclosed you will find a chart comparing FDIC and NCUA insurance coverage. The insured status of deposits at Williamsville under the provisions of the Federal Deposit Insurance Act will continue until deposits are transferred to Land of Lincoln upon completion of the acquisition on or about June 30^th, 2026. At that point, deposits will be insured by the NCUA and not the FDIC.

We have included a chart comparing FDIC and NCUA insurance coverage in the special insert enclosed with this FAQ. You can also visit the NCUA’s website at www.ncua.gov and the FDIC’s website at www.fdic.gov where more detailed information about share and deposit insurance can be found.

Williamsville’s three branch locations will remain open and become full-service Land of Lincoln Credit Union locations. You will need to continue to use your current Williamsville State Bank branch until after the conversion of your account to the records and systems of Land of Lincoln expected to occur on September 26^th, 2026.

Williamsville State Bank will become part of and assume the name Land of Lincoln Credit Union (LLCU).

Williamsville employees will continue their dedicated service to customers. LLCU intends to align Williamsville employees’ skills, abilities, and career goals with LLCU’s commitment to serve you. Bringing together two successful organizations, we will create a vibrant work environment with incredible career growth and advancement potential.

After the completion of the system conversion, the following is a sampling of the types of benefits that will be available to you:

• FREE Online & Mobile Banking with remote check deposit capability. Banking on the go!
• FREE VISA® Contactless Debit Card with card management services within the mobile banking app.
• FREE BillPay – Pay your bills whenever you want, day or night, simply and securely.
• FREE E-Statements – Prevent "dumpster diving" identity theft and view your statement(s) online.
• FREE Financial Education and Counseling – LLCU partners with GreenPath™ to provide resources, tools, and counseling to help you achieve your financial goals and improve your financial health.

Rights of Members of Land of Lincoln. The rights of the members of Land of Lincoln are governed by the Illinois Credit Union Act, regulations of the IDFPR, and Land of Lincoln’s Articles of Incorporation and Bylaws. These rights differ in certain ways from the rights of customers of Williamsville (See “Rights of Customers of Williamsville” below.) Any member of Land of Lincoln may withdraw from Land of Lincoln at any time upon giving notice of withdrawal as required by the bylaws. Members of Land of Lincoln, also referred to as shareholders, have, among other rights, the following voting rights, dividend rights and rights in dissolution and liquidation:

Voting. On all questions and at all elections except for the election of directors, a shareholder of Land of Lincoln has a single vote regardless of the number of his or her shareholdings. On elections of directors, every shareholder has the right to vote the number of shares owned by him or her for as many persons as there are directors to be elected, or to cumulate the shares and give one candidate as many votes as the number of directors multiplied by the number of his or her shares shall equal; or distribute votes on the same principle among as many candidates as he or she shall desire, except that a shareholder other than a natural person may cast only a single vote through a delegated agent. All elections shall be determined by plurality vote and shall be by ballot except where there is no contest.

Dividends. The board of directors may declare a dividend which may be paid periodically and distributed ratably to the shareholders.

Dissolution and Liquidation. In a dissolution of Land of Lincoln, after expenses incidental to liquidating including any surety bond that may be required, funds shall be distributed in the following priority (i) payment of liabilities of the credit union, (ii) payment of special classes of shares, if any, and (iii) distribution of remaining funds to the members proportionately to the dollar value of the shares held by each member in relation to the total dollar value of all shares outstanding as of the date the dissolution was voted.

The conversion of all Williamsville accounts to the LLCU records system has been tentatively scheduled to take place on or about September 26th, 2026. While access to some services may transition at different intervals leading up to and through the account conversion, there should be no impact to your ability to use your account(s). Additional instructions will follow in the coming weeks regarding any scheduled account changes relating to direct deposits, routing/account numbers, loan payments, etc. Please be sure to check that Williamsville has your current and accurate contact information in their system to ensure you receive all communications.

The conversion of accounts to Land of Lincoln’s records system may require some changes to account names and/or numbers if there are duplicates between institutions. We will work to minimize any changes that will be required to be made to accounts as we understand that this type of change may cause disruption. We are committed to making this transition as smooth as possible so that you experience no interruptions in accessing your accounts. Any and all changes will be communicated with ample notice and detailed instruction should they require any action from you.

Following the account conversion to LLCU’s system, on or about September 26^th, 2026, you may be asked to contact any entity that currently utilizes your account information for ACH payments or deposits to provide your updated LLCU routing number (271183015), as well as any change that may occur to your account number. We will provide you with more information as we near the account conversion date.

Land of Lincoln Credit Union’s routing and transit number is 271183015. If you ever need to find it again quickly, it is listed at the top of our website at www.llcu.org.

Yes, you will continue to be able to use your current checks following the closing of the acquisition. You will be provided with new checks with the Land of Lincoln name, routing number, and account number prior to or following account conversion. More details will be included in future correspondence.

Yes, you will continue to be able to use your current checks following the closing of the acquisition. You will be provided with new checks with the Land of Lincoln name, routing number, and account number prior to or following account conversion. More details will be included in future correspondence.

Yes, you should continue to use your current debit card following the closing of the transaction and you will continue to use your current card until we near the records system conversion date schedule on or around September 26^th, 2026. Prior to the date of the system conversion, you will receive a new debit card(s) with detailed instructions so that once the system conversion is complete, you will have your new debit card ready to be activated for use immediately.

You should continue to make your loan payments the same way you are currently making loan payments. Following the records system conversion scheduled for on or about September 26^th, 2026, you will also be able to make loan payments at any LLCU full-service branch location; at www.llcu.org, or by mail to PO Box 3310 Decatur, IL 62524.

Yes. Any previously designated beneficiaries will follow the account when integrated with Land of Lincoln’s records and systems.

Once the records system conversion is complete, expected on or about September 26^th, 2026, you will be able to use any LLCU branch and/or ATM, which will include the three existing Williamsville branches. You will also be able to use more than 40,000 fee-free ATMs that are a part of the MoneyPass® Network. Until the records system conversion is complete, you should continue to use ATMs at the current WSBT branches.

Once the records system conversion is complete, expected on or about September 26^th, 2026, you will be able to use any LLCU branch and/or ATM, which will include the three existing Williamsville branches. You will also be able to use more than 40,000 fee-free ATMs that are a part of the MoneyPass® Network. Until the records system conversion is complete, you should continue to use ATMs at the current WSBT branches.

For a full list of Land of Lincoln’s branch and ATM locations, and operation hours, visit www.llcu.org.

Access to LLCU’s Online & Mobile Banking platforms will become available to you upon completion of the records system conversion which is expected to occur on or about September 26^th, 2026. Detailed information will be communicated with you about initial access instructions to LLCU’s Online and Mobile Banking as we near the conversion date.

Access Land of Lincoln Credit Union’s website to view the Frequently Asked Questions that will be updated regularly at www.llcu.org.
Additionally, be sure we have your correct contact information on file at Williamsville to ensure you receive all mailed and emailed communications.