Monday, March 6, 2023

Somebody's Nose Is Growing - Pinocchio #2

 To: The SECU Board of Directors

Dear Chairman Ayers,

As noted in the last post, Pinocchio #1, the Triangle Business Journal (3/6/2023) just published an article on SECU featuring CEO Mr. Jim Hayes. Here's another quote from the article:

TBJ - 3/06/2023

"I have no personal growth goals put on me by the Board of Directors...they're hyper focused on serving our existing members," Hayes said. Growth will probably come as a result of that, but we are very focused."

 

Here's what Mr. Hayes said in a memo "To: All SECU Employees" - that's about 7,000 folks, if you need to confirm the source!:

"If all goes well, honestly, 3 years from now I hope we are serving over 3 million members...have assets over $70 billion...I don't intend to have our credit union shrink in the future...growth is the only thing on my radar."

Chairman Ayers, the membership is having an increasing difficulty in knowing when you're stating the facts or when you're just "joking around" - so to speak.

Which is it in this case?

...or is it that terrible TBJ, and the press in general, not getting the quote right?

 

 

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