Leveraging Conflicting NCUA Opinions
The NCUA has contradicted itself regarding the basis of a member’s lawsuit against the $161 million St. Helens Community FCU of St. Helen, Ore., and the examples of those contradictions are documented and working their way into court.
NCUA Public Affairs Specialist John Fairbanks said the agency is not taking any sides on the case. “This is a matter before the court and we will wait to see what the judge decides.”
“McKenna made it abundantly clear,” Knebel said. “A special meeting to recall a board member is like a jury, and if you’re an absentee voter, you’re making a decision based upon information from just one side. I appreciate the credit union’s attempts to make everyone’s voices heard when they sent out the ballots, but I’m sorry, it violated the bylaws.”
In an April 12 dismissal reply, the credit union’s legal defense didn’t source McKenna when addressing the question of rights but. rather, sourced Whitehead’s Sept. 7 letter than said no rights had been violated.