As a member and past chair of the board of directors of the $43 million ALPS Federal Credit Union in Sitka, Alaska, I would like to share with your readers an Alaskan story. This January some of our members, dissatisfied with our board, began the process of recalling the whole board and sought an interim board until regular elections could be held. We organized and had a petition drive in order to get 5% of our membership to sign, which we did quite easily.

We submitted more than the requisite number of names along with a cover letter describing our reasons for recalling the board to our supervisory committee chair.

At this point, knowing that we might meet resistance, we contacted the NCUA to make it aware of what we were attempting to do. Several days later when we asked the supervisory committee chair how the process was progressing, he told us that everything had been turned over to the board of directors as suggested by the NCUA rep.