Tech CU Conversion Vote Numbers Released
Persistent members of the 70,000-member, $1.6 billion Technology Credit Union have received a more accurate count of the votes cast in the credit union's recent charter change balloting.
According to the members, the San Jose, Calif., credit union reported that 17,995 members voted in the balloting, with 4,136 voting in favor of the proposal to become a mutual bank and 13,819 voting against.
Last week Technology CU executives reported approximate percentages of the voting results.
The members who led the campaign against the credit union becoming a bank said they now are considering a recall move against board members as well as continuing their court case seeking access to member contact information.