SALT LAKE CITY — Members opposed to the move by the $186 million to change its charter to a mutual bank appear to be gearing up to challenge the CU's recent balloting on the question.
The credit union announced on Feb. 21 that a majority of the 36% of eligible members who voted in the contest had cast ballots in favor of the move and that the margin was 57% to 43%.
But in a press release issued the same day the members said the may file a complaint about the vote with NCUA, based on what they said appeared to be ballots sent to former CU members.
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"Although Beehive has not released any actual ballot count," the members said, "the figures they supply indicate that if less than 250 votes had switched, a majority of voting members would have voted down the proposal. At the same time, at least 395 who were no longer members of the credit union may have received ballots and voted in the election."
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