Members opposed to the proposed conversion of the 69,000-member Technology Credit Union from a credit union to bank charter have formed a group to better organize their efforts.
Carlos Rodriguez, a member who has already launched a page on Facebook to publicize his opposition to the conversion and build support for its defeat, revealed the existence of the group, dubbed Save TCU, in a letter to other Technology Credit Union members that NCUA regulations say the San Jose, Calif., credit union will have to email to other members who are eligible to vote on the conversion.
Rodriquez said he and another member, Robert Marinace, working independently, launched different aspects of the group but then consolidated their efforts on July 14. The group now has fewer than 10 members, but has been growing steadily as word spreads, Rodriguez explained.
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