✅ Thank you to the new Board members, thank you to the members who voted those directors in and the incumbents out, thank you to the members who spoke up at the Annual Meeting (even including those "pre-programmed" retirees) , thank you to the thousands of member petition-signers who put those folks on the ballot, thank you to Jean and Julian (and Susie, and Kim, and Chris, and...), thank you to the SECU employees who continue to serve and persist, and to the SECU members who endure...
... even when many of the actions of our leadership appear to be so petty...
"Hey baby, there ain't no easy way out, but stand your ground..."
"... and don't duck down!"
✅ Character will always win out - count on it!
Anyone notice the new SECU logo vs. the old one?
ReplyDeleteThere is a difference!
More wasted "marketing" money...board likes to spend, spend, spend.
ReplyDeleteThis board should read a book on Ghandi. So should Hayes, never will forget the arrogant book list he sent us about emotional intelligence. Read about Ghandi, Leigh! Great guy to emulate! Right now you guys remind me of the bull**** in DC!
ReplyDeleteexactly, you have people who hate the members running the joint!
DeleteSometimes it's darkest before the dawn. May not feel like it sometimes but much progress has been made toward reclaiming our credit union - Hayes gone, 3 incumbents voted out, increased awareness by members and employees. May be some more tough times ahead before the dawn gets bright but hang in there. We have walked a difficult path to get this far, we can make it the rest of the way. Need to stick together and not throw stones at each other. Stay focussed on the long game.
ReplyDeleteBranch, internal groups, MSS, LCC, Real Estate, FAS, VPs, SVPs. We are all in this together from the teller to the SVP. Would love to include the ceo, executive team and board but they obviously chose a different path. This will be worth it. Stick together. Along with the new 3 board members. Hang in there. We have 4 more coming there in October.
Delete@2:13 could not agree more-and our newest board members need our support, cannot expect them to help turn things around overnight, imagine the lion den they walked into, many comments about not hearing from them, why haven’t we heard from them, etc. give them some time-they need our encouragement—employees, do not give up-do not quit-there are still lots of legacy employees out there to turn it around, all hope is not lost
DeleteCan we get back to race based lending? Surely it’s just a coincidence that non-whites have lower scores and approved less often?
ReplyDeletehttps://www.cnn.com/2023/12/14/business/navy-federal-credit-union-black-applicants-invs/index.html
https://www.cnbc.com/2023/12/11/wells-fargo-mortgage-lenders-probed-over-racial-discrimination.html
Both of these probably deserve “posts” to the blog.
https://youtu.be/G2Xdp4Q2Bqs?si=ewGAe23QTPNldueb
DeleteYes, Navy Federal just made the biggest argument against risk based lending without knowing it. From the article, black borrowers were denied at much higher rates than white borrowers with similar incomes and debt to income as well as other variables. The difference? Credit score. Expect to see SECU headlining one of these articles in the near future once risk based lending is implemented on mortgages...
DeleteThis all started with the board hiring Mr 'Gym instead of NC Kids' Hayes .... it's been downhill ever since ...
ReplyDeleteThe board chose a slick fast talker to the welfare of the kids and teachers (and all State employees) of SECU!
DeleteGet rid of the Gym Ms Brady! Nobody uses it anyway ...