Seventy-seven percent of voting members cast ballots to remain a credit union.
Argument is over whether the $1.6 billion Technology Credit Union should be forced to share member contact information with conversion opponents.
Results tabulation from member meeting and mail balloting conducted simultaneously then to be reported to NCUA.
Fifteen members of Technology Credit Union rallied Aug. 15 outside the credit union’s San Jose, Calif., headquarters to show their opposition to the credit union’s proposal to change to a mutual bank charter.
Fifteen members of the roughly 70,000-member Technology Credit Union rallied for two hours Wednesday outside the credit union's San Jose, Calif., headquarters.
Rally this afternoon in front of San Jose, Calif., headquarters.
Opinion letter from state regulators provides apparent authority for Technology Credit Union to pursue conversion to bank.
Carlos Rodriguez said he did not join the credit union only to oppose the credit union's attempted conversion to a mutual bank charter.
The 70,000-member, $1.7 billion Technology Credit Union of San Jose, Calif., has broken new ground in its attempt to convert to a mutual bank charter.
Entrepreneur said he was told of plans when he went in to open an account.