TALLAHASSEE, Fla. — Members who voted in recent balloting approved changing the charter of the $136 million Sunshine State Credit Union to a mutual bank for the second time, the credit union has announced.
In the wake of the Jan. 9 Special Meeting on the topic the credit union reported that a total of 4,078 votes were cast in the balloting, with 58.1% for and 41.8% against. Of the total eligible members, 24% voted during the voting period, the credit union said.
Sunshine State made a previous attempt at a charter change in late 2003, but withdrew the attempt when it became clear that the Office of Thrift Supervision was not going to approve it. The OTS has scheduled a decision on this second attempt by Feb 9.
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