Instead of the board and management attempting to rebuild trust with members and be forthcoming with information about the conversion attempt, they are running scared by using fear tactics and trying to shift the focus and blame on anyone else they can. |
To instill fear in employees about their jobs is bad enough, to instill fear that members' savings are in jeopardy is an outright lie. I am sure the National Credit Union Administration, the U.S. government agency that insures members' deposits up to $100,000, will have something to say about this. |