COLORADO SPRINGS, Colo. -- Based on recent history, no twocredit union-to-bank conversions are alike, underscoring the needfor groups strongly opposing the trend to keep up their guard,according to Wendell "Bucky" Sebastian, the chairman of theNational Center for Member Trust.

Sebastian, taking part in meetings here of CO-OP FinancialServices, maintained the conversion phenomenon continues to rangefrom the placid switch by Think Federal Credit Union of Rochester,Minn. to the more contentious disputes and failed conversionattempts at Lafayette Federal Credit Union in Maryland and DFCUFinancial Federal Credit Union in Michigan.

Regardless of where conversion bids surface, the NationalCenter, which says it commands a wealth of legal and financialresources from CU supporters across the U.S., is ready to act, saidSebastian, who also is president/CEO of GTE Federal Credit Union ofTampa, Fla. and a member of the CO-OP board.

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