Monday, April 24, 2023

H. 410 - Credit Union Updates - SECU Board Letter To Advisory Board Members - 4/24/2023

 https://pngimg.com/uploads/pinocchio/pinocchio_PNG38.pngWell, at least we now have it on record- publicly and officially - that the SECU Board fully supports the Carolinas' Credit Union League's misrepresentations to the State Legislature ! Let the games begin...

 

 

Let me be sure I understand "the game". Some of us regular old, "non-A paper" folks think that "misrepresentations" could be translated as "lying like a dog". Well, if CCUL is "misrepresenting", doesn't that mean that the SECU Board is lying down with that same dog? 

Same litter, right?

23 comments:

  1. This is the same email that all employees received today.

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  2. If you're going to tell a lie, might as well tell a big one! SECU, just like Burger King: Home of the Whopper!

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  3. If I remember correctly in their answers after the annual meeting they denied supporting this bill and any form of open membership!

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    1. Well, now they want to help the families below the poverty level. You know, the ones that are high risk.

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    2. Where can I read this denial?

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    3. Bring back the Badger commercials. Gonna get me one today

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    4. Somewhere in all the verbiage Jim Hayes said yes they did want open membership, but I can not remember in just which forum

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  4. Hmmm, and so the lies just continue. I don’t even read Hayes e-mails, I guess I’m not #teamsecu.

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    1. It's a cult mentality.

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    2. Yes his rhetoric is very manipulative like a cult/brainwashing, the whole “below/above the line thing” and trying to keep your coworkers above the line, etc…. Odd leadership

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  5. Can we do a Go Fund It site for the class action law suit against the SECU Board? You can have the entire loose change jar! X 2.5 million members we can get 'r dun with just loose change!! I'm in!

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    1. Ha! Don't you remember? In 2022 they added an arbitration clause so members couldn't sue them anymore. Starting to make sense why Jimmy would want that now, huh?

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    2. they have sure lawyered up. guess they needed to with all the underhanded actions against best interest of the members. Power and greed. has to be lots and lots of money in there somewhere for all the actors

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    3. And what has their need to lawyer up cost the membership?

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    4. The purpose of the arbitration clause was so they can keep matters like these out of the public, and out of public courts… shady. Sounds like they want to hide something

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  6. Everything this SECU Board, CEO and Exec team have touched since September 2021 has turned out to be a catastrophe within their own credit union. All other Credit Unions in the state need to be on guard, these people are not to be trusted to do what's best for NC's Credit Unions or their Members.

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  7. Really? They needed a weekend retreat to come up with this?

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    1. I know right? No telling how much that cost. Spending on ridiculous things...why not raise those rates some to compare with banks since you want to be one so much.

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    2. Actually they all came up with it by reading it looking into a mirror…

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    3. Go take a look at some of their FB pictures. It shows their view from their retreat!

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  8. I would like to hear a response from Hayes and the board, in regards to whether they think SECU should still be labeled as not-for-profit going forward should this pass….. and why/why not?

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  9. Will credit unions pay taxes on profits should this pass? Has that been addressed yet?

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