ODESSA, Texas. — Reader feedback to a local story about a creditunion to bank charter conversion suggests that member opposition tothe move is at least flickering among some of the members of the$113 billion First Basin Credit Union.

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The state chartered credit union has an application pendingbefore the Office of Thrift Supervision to convert to a federallychartered mutual bank.

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A local paper, the Odessa American, wrote about the pendingconversion in late October and feedback to the story posted onlinegave opponents to the move a place to vent their concerns.

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Of the roughly 19 online comments to the story, only one favoredwhile the rest expressed strong opposition.

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“Let the people that want big business loans vote yes for theconversion and those of us who don't need one vote NO! I don'tremember telling the board that business loans was [sic] what weneeded at the credit union,” commented one person who signedConcerned Member. Another wrote to merely ask: “How do we go aboutreplacing [First Basin CEO] Shem and the gang?”

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