ODESSA, Texas — Members of First Basin Credit Union arecontinuing to press for the CU to hold its annual meeting wherethey could vote for new board candidates.

|

The members said the CU generally holds its annual meeting inMarch but that it has not set a meeting date for this month. Thecredit union has not yet confirmed this.

|

Members praised the credit union for withdrawing its applicationto convert to a mutual bank but are still pressing for the annualmeeting where they plan to mount their own candidates. Previouslythe credit union had merely “suspended” its charter change effortand appeared to leave the door open to continue.

|

“This is a victory, but the story does not end here,” said TaraSimmons, one of the members of the Save First Basin members group.“At the annual meeting this month, members can vote in newdirectors who will work for the members' interests, not their own.We encourage members to come out to vote for honest, responsiveleadership.”

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.