Oregon case thrown out but industry attorney says NCUA should take notice of judicial treatment of Federal Credit Union Act.
Unhappy member of Oregon credit union asks federal court to oust five directors retained by members in vote last fall.
Failed recall effort shows democratic spirit is alive, and potentially disruptive.
A recall move against five board members in the wake of a dropped merger bid at St. Helens Community Federal Credit Union has failed last week.
Member meeting set for Sept. 4 after recall petitions validated.
Proposed Oregon merger killed over the weekend as new CEO hired amidst strife over former chief's firing, move to oust directors.
In addition, culture differences among employee groups must be carefully considered to avoid missteps, according to a key participant and an industry consultant.