Boston-area credit union founded in 1917 now to make move to mutual co-operative bank charter.
Members will cast their vote Monday on whether to convert the $1.8 billion HarborOne CU in Brockton, Mass., to a mutual co-operative bank charter.
Special meeting date falls 13 months after Boston-area credit union first announced its intentions.
In September, members of Technology Credit Union voted resoundingly to reject a proposal to convert their institution to a mutual bank.
Members of Technology Credit Union voted to reject a proposal to convert their institution to a mutual bank.
Final tally: 4,136 for, 13,819 against changing to a bank.
Bank conversion rejected, dissident members now polling on Facebook about possible board recall effort.
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.