Monday, February 26, 2024

Executing A Strategic Plan, Demanding That Ms. Ray Answer To The People Of North Carolina   ... Esse Quam. 

"To be, rather than to seem."

✅ A Measurable Strategic Plan - SECU 2024 [link post 1/8/2024] :

✔✔ 3. North Carolina Credit Union Division (NCCUD): The Division - including the Administrator and the N.C. Credit Union Commission -  is the primary regulator of SECU on behalf of the people of North Carolina. There has been a six month effort to have NCCUD clarify its' regulatory role, particularly in the area of bylaw changes. To date, the Administrator has been reluctant to be forthcoming. Look for increased levels of inquiry to NCCUD during February 2024 from other interested parties - including Legislators, other credit unions and financial institutions, and the North Carolina public and press. The next N.C. Credit Union Commission meeting is on April 9, 2024 at 10:00 AM, 205 W. Millbrook Road, Suite 105, Raleigh. The meeting is open to the public.

 From: "Rep. Sarah Crawford" <>

Date: February 25, 2024 at 7:22:07 PM EST
Cc: "Portia Pittman (Rep. Sarah Crawford)" <>,
Subject: Credit Union question

 Dear Ms. Ray,

I have been asked by constituents for clarification on the scope of your authority as the Administrator, in reference to N.C. credit union bylaws. Would you please provide me with an answer to the following two questions:

Q: 1)  Is the N.C. Credit Union Division required by North Carolina law to monitor and enforce compliance by state-chartered credit unions with their bylaws?  

Q: 2)  May a N.C. state-chartered credit union adopt rules, policies and procedures which effectively amend its bylaws without approval by the NCCUD

Thank you for your help with these questions. I look forward to your reply. 


Representative Sarah Crawford
District 66
... getting way too old to bluff.


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