Tuesday, February 28, 2023

SECU Board Judgement Now Under National Scrutiny - #1

 To: SECU Board of Directors

Dear Chairman Ayers,

Well Mr. Ayers, the questioning of the soundness of your judgment has now "gone national" within the credit union community! Congratulations! You and the SECU Board wanted a "national presence" for the Credit Union - your wish has been fulfilled!  Hope we all - members, advisory boards, and particularly the staff - can survive the upcoming "black eye" swat to SECU's reputation.

One thing is certain - you might be able to "duck, duck, goose" locally with the membership, but that ain't gonna work under national scrutiny!


Mr. Chip Filson is the retired CEO of the premier credit union "think tank" in the U.S. - Callahan's and Associates. Mr. Filson has not only been an exceptionally successful entrepreneur, but has also served as an Illinois state credit union regulator and as a top senior Federal level administrator at the National Credit Union Administration (NCUA).  

Guess I should also note that Mr. Filson is a Harvard graduate and a Rhodes Scholar - not only that, but president of his class at Harvard and played one-on-one, pick-up basketball at Oxford with Senator Bill Bradley, also a Rhodes Scholar! You get the picture! 

If any of the current SECU Board has a tendency to believe they are brighter than the overall SECU membership; and when meeting anywhere in North Carolina are"the smartest person at the table"...

...you and the SECU Board might prepare to be rudely enlightened - and if you will listen - much better informed.

Mr. Filson's nationally followed blog will be featuring you and SECU for the next few days. Here's the link:

 [link....SECU Board under the spotlight

Wish you well.

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