Members of the $304 million Coastway Credit Union have received their ballot to vote on whether or not the Warwick, Rhode Island credit union will convert to a mutual bank charter.
In a flyer accompanying the ballot, the credit union told members approving the charter change will "allow Coastway to maintain its cooperative member-focus philosophy."
In a letter to The Valley Breeze, a local paper in the area, Erbin Crowell, a member of the credit union and cooperative organizer urged fellow members to vote down the charter change.
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