To: SECU Board of Directors
Dear Chairman Ayers,
As noted in "Judgment - Part 1", folks at the national level are beginning to review the soundness of your decisions and judgment in leading SECU forward - an uplift or downward spiral?
[Here's the link] to Chip Filson's second part in the series on SECU. Greater detail on Mr. Filson's credentials and expertise in the area of credit unions can be found in "Judgment - Part #1". Mr. Filson attempts "to analyze the facts" on your "New Culture, New Direction - SECU". Unfortunately your facts are few, but generalities are plentiful.
The suspicion remains that the SECU Board is either ill-informed or uninformed on these important issues; and therefore, can't provide greater clarity and transparency to the members who have questions. The questions continue to grow, Board responsiveness is not encouraging.
So far, no one - even you and the SECU Board - has questioned the progress which SECU achieved over its first 85 years - in fact, take a look at what you say! [link] SECU History. Yes, what indeed led you and the SECU Board to order an "about face", when confronted with success?
Why did you order a turn for the worst?