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DFCU Financial Agrees to Hold Special Meeting; Both Sides Start to Campaign

DEARBORN, Mich. - Although it has not yet set a date, a spokesman for the $1.8 billion DFCU Financial credit union pledged last week that the CU will hold the special meeting at which members can vote on whether to recall board members-both sides of the board controversy began employing...

By David Morrison | Updated on May 09, 2006

DEARBORN, Mich. – Although it has not yet set a date, a spokesman for the $1.8 billion DFCU Financial credit union pledged last week that the CU will hold the special meeting at which members can vote on whether to recall board members-both sides of the board controversy began employing different campaign tactics to win the balloting.

Delivered on April 17, 2006, petitions, which called for the election, were collected by members who were upset at the CU’s leadership for seeking to convert the CU into a bank. The CU has since abandoned that effort, but the recall fight is continuing on.

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