Billboard Bid To Block BoardOuster

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DEARBORN, Mich. - (05/01/06) – DFCU Financial fed members freefood and handed out trinkets during an impromptu rally Saturday topromote the rescue of the board of directors who are currentlybeing threatened for recall for their support of the creditunion’s ill-fated bid to convert to savings bank. Two tentswere pitched outside DFCU’s Fairlane branch to fete membersfor a special ‘Appreciation Day,’ part of anunprecedented campaign to save the directors. The member fete waspart of a local media blitz being launched that includes billboardsand ads in all the local papers –and the credit union’svan patrolling the neighborhoods–all urging a‘NO’ on the recall. DFCU Owners United, themembers’ group organized the beat the conversion, haslaunched its own campaign with local radio ads to force the recall,according to Margaret Blohm, one of the leaders of the group, whodoubted the credit union’s efforts to save the directors.“I think that’s going to work against them,”Blohm told The Credit Union Journal Sunday. Meantime, the group hasnot been notified by the board whether will acknowledge a petitionfrom 1,760 members asking for a special meeting to vote on theboard’s dismissal.

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