Tuesday, October 13, 2026

2026 SECU Annual Meeting: Character Matters! Show Time..Part Last!

   Trust Us! Why?

The SECU Annual Membership Meeting begins at 1:00 pm.

The SECU Board has clamped down on SECU member participation - now a "members may listen only" format. Guess we should be grateful for that! You can "listen up" over live-stream [link]

Listen for this:

  1. Financial reports: SECU remains safe and sound - as always. No surprises there.  
  2. Election results: There was no election in 2025, but two members - Barry Browning and Julian Hawes - stepped up this year to make sure that member right doesn't also get extinguished.  [Kalshi is heavily favoring the incumbents!] In 2023, around 15,000 members voted, with the 3 Board anointed incumbents getting bounced in a close contest; @ 100,000 members voted in 2024 with incumbents prevailing soundly by a 2 to 1 margin. It will be interesting to see how many members participate in 2026. 
  3. The Q&A session:  Might take a look at the last 5 posts [starting here] for some questions which were submitted.
✅ The Q&A will be a test of character for our CEO. It is Leigh Brady's opportunity to tell the truth, the whole truth, and nothing but the truth to the 8,000 employees and 3 million members for whom she works. A leader should be willing to do that.
 
✓ Being open about rates, service quality, posting information, and the normal tensions around everyday issues would be welcome. A breath of fresh air!
 
✓ Lets hope our CEO will step up with a straight answer this year to this question: "Please publish the wording of the bylaw amendments approved by the SECU Board in September, 2025; explain their purpose and intent; and state if the amendments have been modified or rescinded?" The truth won't hurt, another duck will.
 
✓ Is the SECU Board truly going to require a 300,000 member petition and special meeting for members to suggest resolutions for consideration by the Board? Does that make sense, or another internal lawyer gone rogue? Can't our CEO think of a better solution?
 
✓ Then listen carefully to the member privacy answer. Give up our privacy rights and allow SECU to sell our personal financial data to third parties without specific approval, or don't get service? [AI is sure to inflame this issue further!] This is not what SECU members want, nor expect from SECU. 
 
 ðŸ˜Ž Trust Us!... Why Not Trust "Us" - Your Members ? 
 
 Hey, Listen up ... !

Monday, October 12, 2026

2026 SECU Annual Meeting: Undemocratic Principals? Part V

  2026 SECU Annual Meeting 

✅ Have these restrictions on the cooperative, democratic rights of SECU members reduced the Annual Membership to farce?

Meeting Year     Member May Speak     Member Resolutions

       2022                 Fully Permitted         Fully Permitted

       2023                    Restricted                     Restricted

       2024                    Prohibited                    Restricted

       2025                    Prohibited                    Prohibited 

✔ Governance at SECU seems to be increasingly unprincipled - at least democratically! And, members have submitted several questions asking "Why?":

  1. Please publish the wording of the bylaw amendments approved by the SECU Board in September, 2025; explain their purpose and intent; and state if the amendments have been modified or rescinded? [replay!]
  2. Why doesn't SECU post a copy of our bylaws on the website? Most credit unions do. It would help eliminate any uncertainty.
  3. Why does the board refuse to nominate more than one candidate for each vacancy? Let the members choose.
  4. Will our Board commit to remaining a North Carolina credit union and not merge with out of state CUs? 
  5. Will the Board commit in the bylaws that no director or executive can receive bonuses, payouts, or other benefits tied to a merger or sale of SECU?
  6. SECU has recently announced a new  “Online Privacy Notice” that is both invasive and intrusive. If members choose to fully protect their online privacy by opting out of SECU’s policy, the implication is that SECU will restrict the members’ rights to basic services, one example, the mobile app.  Is this true?  How do members opt out of these discriminatory policies (such as sharing member information with third parties) and continue to receive the full service which their membership has always provided?

😎 Look out for that last one! The newly adopted (effective: July 15, 2026) SECU Board privacy policy can be found here - [link]! It would appear that you and I, as SECU members, no longer has any right to privacy!

   "People Helping People" or are SECU members now being "Flocked" by our credit union?