The problem is that it appears we have two different sets of facts presented here and some things that no one is talking about much.
The set of facts that has Phyllis seating her daughter two days ago is false. He daughter has been on the board for years, I don't exactly how long, but she appeared on CSPAN in 2012 as an Eagle Forum board member.
I do wonder about the issue with the banks. If the meeting was in order, and the only change is signature authority of the ex-president, I see no reason for a bank to object. There is some other machination going on with the account takeover attempt.
I also wonder if there are any claims of mental incompetence. Obviously, the board would not want to make those claims public, "out of respect" of course they would say. I can see a bank balking at a claim of incompetence, unless that claim is supported with a court order.
Ed Martin: 'I am still president' of Schlafly's Eagle Forum - stltoday.com - April 13, 2016
"I am still president," Martin said in an interview on the Mark Reardon Show on KMOX Radio. He claimed the board's actions were procedurally invalid, "so we just go ahead. We've got work to do." ...Schlafly said in an interview that she isn't sure whether Martin is still officially president of her organization. "I think that's an open question," she said. But she added: "I consider him president."