ROCHESTER, Minn. — The NCUA has approved the methods and procedures that the $1.3 billion Think Federal Credit Union used in its recent balloting to change its charter to a mutual bank. If the Office of Thrift Supervision approves the credit union's application the CU expects to open its doors as a mutual bank on July 1 of this year.
The OTS is scheduled to have made a decision on Think's application by May 12 2007.
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