Young members of the $381 million Lafayette Federal Credit Union who organized an effort to win two board seats failed to do so but suggested they would keep on working for change in the Kensington, Md., institution.
Maryland credit union board asked to consider opening balloting through mail and online.
Some members of a Maryland credit union are trying to join the board and protesting a management decision to hold the May 17 annual meeting at a Virginia country club.
Board Secretary Thomas Harmon IV said his $370 million credit union isn't violating any bylaws by selecting a country club for its annual meeting.
Two members of the $370M Maryland credit collect signatures to add their names to annual meeting board ballots.
Maryland credit union CEO testifies on MBL bill to House panel on Thursday.
Lafayette Federal Credit Union is joining the business analytics revolution, deploying the kind of sophisticated technology that used to be found only at big corporations to help it better
Perhaps one of the most impressive aspects of cooperatives is that they all apply set principles and values to fulfill their respective visions and missions.
In three separate lawsuits that involve U.S. Central Federal Credit Union and Western Corporate Federal Credit Union, defendants argue plaintiffs don't have the right to sue, because charges are so-called "derivative claims."