Seemingly conflicting NCUA opinions regarding the basis of amember's lawsuit against the $161 million St. Helens Community FCUof St. Helen, Ore., are working their way into court, despite theregulator's attempts to stay out of the conflict.
NCUA Public Affairs Specialist John Fairbanks said the agency isnot taking any sides on the case, saying, “This is a matter beforethe court and we will wait to see what the judge decides.”
But that hasn't stopped both sides from using the NCUA's wordsin the case, in which plaintiff Steve Knebel is suing the creditunion over the results of a Sept. 4, 2012 special meeting to recallfive board members.
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