In September, members of Technology Credit Union voted resoundingly to reject a proposal to convert their institution to a mutual bank.
The days when credit union board could reliably count on members to vote themselves out of being members have largely ended.
Retired engineer Bob Marinace was a co-founder of the group that led the successful effort to stop Technology Credit Union's bank charter move.
The California Institute of Integral Studies has tapped Technology Credit Union to refinance its headquarters in San Francisco.
Results dismissed by executive of the California credit union in the wake of the quashed bid to become a bank.
Fresh from winning balloting opposing bank conversion, dissident Technology CU members considering call for CEO, board changes.
Members of Technology Credit Union voted to reject a proposal to convert their institution to a mutual bank.
Final tally: 4,136 for, 13,819 against changing to a bank.
Bank conversion rejected, dissident members now polling on Facebook about possible board recall effort.
Seventy-seven percent of voting members cast ballots to remain a credit union.