✅ The financial and service quality decline at SECU under the current Board is disheartening.
- The hiring of the "$6.5 million dollar man" as CEO (now departed at great cost!).
- Punishing SECU retirees amid rising rates, by refusing to pay competitive savings rates - 1% or less on the majority of deposits.
- Overcharging the majority of SECU borrowers excessive rates with the new, discriminatory risk-based lending scheme - higher rates on average if you're young, Black, or female.
- Creation of major disruptions and distrust among dedicated, long-term SECU staff, through poor Board strategic planning and practices.
- Failure to be honest and forthright with the SECU membership concerning Elections/Annual meeting/Bylaw amendments.
✅ The SECU Board lacks support from SECU staff and long term trusted leaders [see 9/25 post].
✅ The SECU Board has abandoned the Credit Union's moral compass:
Vote now for: Perkins, Clements, Stone
THE MEMBER NOMINATED CANDIDATES!
Vote here right now!
"You Get What You Tolerate" ...
ReplyDeleteenough is enough! vote the bums out ... Show the world democracy lives at SECU. This is YOUR Credit Union, the board has failed to understand this (we may or may not find out the reason why they have behaved this way but my "gut" feeling is $$$$$$$$$$$$$ & power. It's always about money and power and 'they' have no problem sacrificing the members/employees at the alter for their gain.
Pretty certain this board isn't trying to build a better and brighter future for any of SECU's members--other than themselves. Vote Clement, Perkins, Stone!
ReplyDeleteVoting Clements, Perkins and Stone! Chris Ayers and This Board have gone off the rails for the past two years in the their decision making for our credit union. Hiring Hayes when there were much better candidates for CEO within SECU was their first of MANY Mistakes! And they just keep coming...
ReplyDeleteI can't think of five better reasons to send Garland, Sanford & Parrish home. They are not who we want making decisions for our credit union! All SECU members have been losing for two years under their leadership.
ReplyDeleteVote CLEMENTS - PERKINS - STONE
Don't forget to vote, remember 'they' aren't taking a day off .... even on the Sabbath! Nothing is sacred to 'them'!
ReplyDelete“We stumble and fall constantly even when we are most enlightened. But when we are in true spiritual darkness, we do not even know that we have fallen.” – Thomas Merton
ReplyDeleteGet the word out on social media and ask your family and friends to "share" it!
ReplyDeleteThe Annual Meeting is less than a month away! Only 23 more days for absentee voting! If you haven't voted, VOTE! If you have taken the attitude, I am gonna sit back and let others do it -
ReplyDeleteRethink that! At SECU, Everyone matters! This Board brought Hayes into our credit union and within two years brought us to the place we are now - fighting to preserve SECU's values and mission for our kids!
Vote CLEMENTS PERKINS and STONE for the future of SECU!
I feel like I'm beating a dead horse but ...
ReplyDeleteElect - THE MEMBER NOMINATED CANDIDATES - Perkins, Clements, Stone!
Pretty Please with a cherry on top!!!
HAVE YOU SEEN THE END OF AUGUST FINANCIALS ? It's more of the same.gaining momentum down the slope.
ReplyDeleteHas the CU Division wimped out on all this? Where are they? Does Ray not get it that this is make or break for SECU, nc and her?
ReplyDeleteJust remember all this when she runs for an office ....
DeleteShe didn't have your back ... neither does her boss ...
DeleteThe secu board hired Gym Hayes. Don't need any other proof of incompetence on a colossal scale. Unmatched arrogance too.
ReplyDeleteYou can't say this enough... speaks volumes ...
DeleteYes This all began with hiring outside on 6-5 vote. This board was not elected to completely change and dismantle SECU. That was a job they gave themselves. Rogue Board. Not doing the will of the membership, not acting in the best interest of people of modest means, state employees. Want to open to public= bank. With this board running things, SECU would become another Wells Fargo. Vote today! Voting ends October 3! Vote Barbara Perkins, Michael Clement, Chuck Stone!
ReplyDeleteIF this board had told the membership their plans for SECU after Mike Lord retired, they would have been voted out of office then. This board had a hidden agenda--hidden from the members . This board was supposed to serve the members. They sure are a rogue board with unbounded arrogance. "Modernizing" SECU ! What a joke! This board is running it into the ground with the help of Ms Brady, who whispered in their ears for several years! Vote Chuck Stone, Barbara Perkins, and Michael Clements!
DeleteThe CU will never be the same, we can only try to prevent it from being a complete takeover by these power hungry board members and those they cater to (hint: it ain't the member/owners).
DeleteAccording to SECU's Linkedin page it says 'Even though we're North Carolina's largest credit union' When did that happen?
ReplyDeleteWe have been North Carolina’s largest credit union and the second largest in the US after Navy Federal. For now we are, but we need to vote to keep that momentum
DeleteAll's fun and games until people start losing everything and starving ... my parents grew up in the depression era, don't think for a moment it can't happen again ... Will the credit union be there for the members when they need them the most? Losing 4 billion over the last 2+ years doesn't leave me with a warm and fuzzy feeling.
ReplyDeleteStop reading a minute and VOTE -https://secuvote.ey.com/
ReplyDeleteFolks need to watch this to see how it works ...
ReplyDeleteInside Job (2010 Full Documentary Movie)
https://www.youtube.com/watch?v=T2IaJwkqgPk
Inside Job is a 2010 American documentary film, directed by Charles Ferguson, about the late 2000s financial crisis.
The global financial meltdown that took place in Fall of 2008 caused millions of job and home losses and plunged the United States into a deep economic recession.
This documentary provides a detailed examination of the elements that led to the collapse and identifies key financial and political players.
Director Charles Ferguson conducts a wide range of interviews and traces the story from the United States to China to Iceland to several other global financial hot spots.
Ferguson, who began researching in 2008, says the film is about "the systemic corruption of the United States by the financial services industry and the consequences of that systemic corruption". In five parts, the film explores how changes in the policy, environment and banking practices helped create the financial crisis.
These same Fed folks are still in charge ... what do you think will happen? First they discount the recession last year (they actually changed the definition of a recession. Google it ...). Then they called the inflation "transitory" ... I mean do YOU trust what they say anymore, because I SURE DON'T)! I think these board members are cut from the same cloth!
Deletewhen money and power are involved, people can lose their values and morals in life with devastating results!
ReplyDeleteKingdoms have fallen ...and will again ...
Do you know how voting results will be announced? Will anyone from the current board or administration know ahead of time? With voting allowed during the meeting I wonder if they will know results up until that point?
ReplyDelete"The hiring of the "$6.5 million dollar man" as CEO (now departed at great cost!)."
ReplyDeletehttps://www.secujustasking.com/2023/06/the-candidate-search-knowing-where_77.html
Sound familiar?
https://www.cnn.com/2023/09/28/economy/fed-iowa-banker-false-documents/index.html
Yep! Where are the regulators? Oh yea, Best buddies with the CEO! (true at NCSECU)
DeleteA slap on the wrist doesn't get the message across ... since we're not allowed to spank our children, an orange jump suit can sometimes prevent this behavior from happening again ...
Delete***Five Days*** and a weekend.... there are many opportunities to gather more votes for Perkins, Clements and Stone. Unless you are happy with the new/new SECU - use your voice to make a change - silence is not just consent - it is accepting less for SECU members who deserve more! Don't miss this opportunity to make a difference!
ReplyDelete