92-0728
/
July 1992
Publication of Member Discharges in Bankruptcy
Subject
Bylaws
Historic Status
Current
July 28, 1992
John G. Anderson
Executive Vice President
State Employees Federal Credit Union
P.O. Box 12189
Albany, NY 12212-2189
Re: Publication of Member Discharges in Bankruptcy (Your July 17, 1992 Letter)
Dear Mr. Anderson:
You asked whether a federal credit union (FCU) can publish in its newsletter the names of members who have caused the FCU a loss through bankruptcy. We believe such publication would violate Article XIX, Section 2 of the standard FCU bylaws. Enclosed is an earlier opinion addressing this specific issue.
Sincerely,
Hattie M. Ulan
Associate General Counsel
Enclosure
GC/HMU:bhs
SSIC 3700
92-0728