IBEW Local 43

Important notice to all members with a Contractors Annuity Fund Loan:

Copy of Letter sent from the FUND Office

Dear Participant,

Re: New Coupon Book Due to Change in Loan Payment Payee to Reliance Trust Company

Effective June 8, 2018, MassMutual is moving some of the services currently performed by State Street Bank and Trust Company to Reliance Trust Company. You currently have an outstanding loan balance with the I.B.E.W. Local 43 and Electrical Contractors Annuity Fund and, starting June 8, 2018, as a result of the bank change, you will need to make your loan repayments payable to Reliance Trust Company.

Enclosed is a new loan coupon book reflecting the “payee” change to Reliance Trust Company. Please begin using the new coupon books on and after June 8, 2018 and discard the old coupon books with the State Street payee.

Actions to take
Prior to June 8, 2018

Continue to use your current coupon book with State Street as the payee
Loan Repayments should continue to be made payable to State Street

On or after June 8, 2018

Begin using the enclosed coupon book with Reliance Trust Company as the payee
Discard the coupon books with the State Street information
Loan repayments must be made payable to Reliance Trust Company

If you have any questions, please do not hesitate to contact our participant information center at 1-800-743-5274 between 8 a.m. and 8 p.m. ET, Monday through Friday, on any business day. Please have your contract number available prior to the call (the contract number is located on your coupon book).

Sincerely,
Services Team, Workplace Solution

New Coupon Book for Loan Repayments

If you currently have an outstanding loan balance with the I.B.E.W. Local 43 and Electrical Contractors Annuity Fund, you will soon be receiving a new coupon book to make your loan payments to Reliance Trust Company. This is a result of a MassMutual administrative change.

For now, please continue to use your current coupon book with State Street as the payee. On or after June 8, 2018, you will need to begin using the new coupon book with Reliance Trust Company as the payee. Loans payments will need to be made payable to Reliance Trust Company.

If you have any questions, please contact the MassMutual Participant Information Center at 1-800-543-7254. Representatives are available to assist Monday through Friday from 8:00 a.m. – 8:00 p.m. Please have your contract number available prior to the call (the contract number is located on your coupon book).