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SALT LAKE CITY — Roughly two weeks into its period of notification and balloting, the debate over whether the $186 million Beehive Credit Union will change its charter to that of a mutual bank has begun to heat up.

The credit union first disclosed to members at a meeting on March 3 that it was contemplating a move to a mutual savings bank, but the topic had not been frequently discussed until Beehive sent members its disclosure statements and other materials on Nov. 15. Despite the warning in March, several long-term members who agreed to speak only on background said that they were surprised by the CU’s disclosure statement and that they had been under the impression that the CU would drop the matter after hearing from members that it was opposed.

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