Wednesday, August 30, 2023

Elect The MEMBER NOMINATED Candidates! - Perkins, Clements, Stone. #3

https://media.istockphoto.com/photos/gold-1-percent-picture-id532790757?k=6&m=532790757&s=612x612&w=0&h=L51rZo6oAsopsubj9e5EZ_RfX0TE5YMvci8KOqft7ok=   ... or less at SECU!

Member deposits at SECU have dropped by almost $4 billion in the last l2 months - the first decline in 85 years! Why are SECU members moving their savings away from the Credit Union?  Because the SECU Board won't pay members - many of whom are retirees - a competitive rate. SECU in the past paid members among the best savings rates in North Carolina - that's no longer true!. https://secuvote.ey.com/

The SECU Board is paying an interest rate of just 1% or less on over $26 billion in member savings (MMSA/shares) held by the Credit Union. If you check NerdWallet or other internet sites, you would find the following low minimum, savings accounts readily available in North Carolina -Ally Bank, 4.25%; American Express, 4.25%, Discover, 4.30%; TIAA, 4.75%; Barclay's, 4.35%, Live Oak, 4.15% and numerous other smaller banks. NerdWallet surveyed over 50 financial institutions around N.C. - the SECU Board's lowball savings rates didn't even make the top 25! https://secuvote.ey.com/

What's the lost income cost of SECU's 1% (or less!) savings rate to members vs. the fair market rate of @ 4%? That enormous 3% difference is costing SECU members @ - $780 million each year! Most SECU members can't afford to give up that much money in these high inflation times! Didn't use to be this way in the past; doesn't have to be this way in the future!  https://secuvote.ey.com/

SECU Members have independently nominated 3 long time members - Barbara Perkins (Raleigh), Michael Clements (Winston-Salem), and Chuck Stone (Goldsboro) to halt the growing distrust of the existing board members. It's time for a change - and better rates - at SECU!
https://secuvote.ey.com/

         Vote Perkins, Clements, Stone! - Nominated by the Members! 

                  (Election starts September 1 - https://secuvote.ey.com/)



 


Elect The MEMBER NOMINATED Candidates! - Perkins, Clements, Stone. #2

https://i.pinimg.com/736x/c6/03/07/c60307be8450cbb0bc852c13e8d16586--rock-sign-sign-on.jpg   https://www.silicon.co.uk/wp-content/uploads/2013/01/shutterstock_76543762.jpg  

                                                                     ✅ SECU deposits decline...

For 85 consecutive years, SECU enjoyed tremendous support from the folks in North Carolina. For each and every one of those 85 years, SECU grew in assets, deposits, and membership - an unmatched record! But no longer! https://secuvote.ey.com/

Over the last two years, the turmoil and disruption created by the current SECU Board have members voting with their feet - and deposits! - for far more competitive rates elsewhere. For the first time in history, member deposits have been; well, "falling like a rock".....(here take a look):

SECU DEPOSITS

$ Billions

6/22

$48.9

12/22

$47.1

3/23

$46.5

4/23

$46.1

5/23

$45.6

6/23

$45.3

SECU Members have independently nominated 3 long time members - Barbara Perkins (Raleigh), Michael Clements (Winston-Salem), and Chuck Stone (Goldsboro) to halt the growing distrust of the existing board members. It's time for a change - and better rates - at SECU!
https://secuvote.ey.com/

         Vote Perkins, Clements, Stone! - Nominated by the Members! 

                  (Election starts September 1 - https://secuvote.ey.com/)