Steven Knebel, who sued St. Helens Community Federal Credit Union for allegedly violating bylaws during the failed recall election of five board members, lost his bid for a seat on the board of directors at the credit union's annual meeting.
Knebel was one of four candidates. Three incumbentswere re-elected to their seats on June 24, according to a prepared statement from the $177 million cooperative in St. Helens, Ore.
"Despite the fact that this credit union won't acknowledge a huge mistake in the past, I think they are in pretty darn good hands now," Knebel said. "I think the board members are all good people, but I think they would improve their lot with the membership by recognizing this happened, that they made an error and that they are moving on."
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