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Article: CREDIT UNION LOSES APPEAL OF DISAFFILIATION DECISION
- Article from:
- THE JOURNAL RECORD
- Article date:
- January 23, 1987
- Author:
CopyrightCopyright (null) The Journal Record. Provided by ProQuest LLC. (Hide copyright information)
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First State Credit Union lost its appeal of an Oklahoma State Credit
Union Board decision to let two groups of municipal employees
disaffiliate from First State and join Tinker Credit Union,
according to a ruling released Thursday by Oklahoma County District
Judge Bryan Dixon.
The judge upheld the state credit union board's authority to
permit select employee groups to end their membership in one credit
union and apply for membership in another one, according to Mary
Beth Guard, general counsel for the board and the Oklahoma State
Banking Department.
Dixon also issued two other specific findings:
- He upheld the board's interpretation of Rule 21, in which
the employees of the ...