Monday, March 20, 2017

Why I'm Voting NO on Coast Capital Savings' proposed rules change

Coast Capital Savings is proposing a rules change to pursue its aim to become a federal credit union. We members can vote from now through April 12, on paper ballots we receive in the mail, or by logging in at

I'm voting NO for the same reasons I voted NO on going national: the board's past behaviour gives me no confidence that they are acting in members' best interests. For example:

- Overpaying itself with members' funds – see:

- Confusing members with one-sided campaigns against members' resolutions – see:

The dangers of going national are well described at:

See new report: A Case Against Coast Capital Savings Becoming a Federal Credit Union
Published March 16, 2017 at

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