(A) The senior management officials of a credit union may terminate the membership of, or some or all services to, a member of the credit union, if the member does any of the following:

Terms Used In Ohio Code 1733.051

  • Another: when used to designate the owner of property which is the subject of an offense, includes not only natural persons but also every other owner of property. See Ohio Code 1.02
  • Appeal: A request made after a trial, asking another court (usually the court of appeals) to decide whether the trial was conducted properly. To make such a request is "to appeal" or "to take an appeal." One who appeals is called the appellant.
  • Credit union: means a corporation organized and qualified as such under this chapter. See Ohio Code 1733.01
  • Fraud: Intentional deception resulting in injury to another.
  • Member: means a person who is a member of a credit union. See Ohio Code 1733.01
  • Person: includes , without limitation, an individual, the estate of a deceased individual, a corporation, an unincorporated society or association, or any other organization of individuals. See Ohio Code 1733.01

(1) Causes a loss to the credit union;

(2) Commits fraud or any similar misdeed against the credit union or against any person on the premises of the credit union;

(3) Engages in inappropriate behavior involving another person, such as physical or verbal abuse of another member or an employee of the credit union;

(4) Otherwise engages in conduct detrimental to the credit union.

(B) A member that has its membership terminated or services suspended under division (A) of this section may, within ninety days after the termination or suspension, appeal the action to the board of directors of the credit union. The board may affirm, disaffirm, or modify the action, and its decision is final.

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