... Mark Twain
"Do the right thing. It will gratify some people and astonish the rest."
To: Chairman Jaime Applequist
The N.C. Credit Union Commission
March 27, 2024
Dear Chairman Applequist,
Hope that the email below from Ms. Ray to Representative Faircloth will confirm to you that the Credit Union Administrator is answerable to the citizens of North Carolina on her responsibilities under the law. The inquiry from Representative Faircloth was neither complaint nor appeal; Ms. Ray's response is not a legal opinion, nor is any other credit union involved.
We ask that you use your legal authority and duty as Chairman to immediately resolve our inquiry to the Commission, which began over six months ago. Please ask the CU Administrator to provide you as Chairman with the answers to the following three questions - it really isn't that hard. Ms. Ray does know the answers, so should you and the entire Commission - so should we all:
1) Is the NC Administrator of Credit Unions required by law to approve,
monitor, and enforce compliance by state-chartered credit unions with
bylaws? Y/N
2) May a NC state-chartered
credit union adopt rules, policies, and procedures which effectively
amend its bylaws without approval by the NC Administrator of Credit Unions ? Y/N
3) Does the NC Administrator of Credit Unions permit NC credit unions to deny eligible, qualified members the right to
seek self/membership nomination to serve on the credit union board?
Y/N
We hope you will step up as Chairman and convey those three simple answers now. Looking forward to your immediate, positive response, so that a continuing stream of future inquiries from our political community will not be necessary. Never wise to waste those folks time.
We all need to move on to more important issues, don't you think?
Thank you.
Sincerely,
Jean and Jim Blaine
March 27, 2024
Again I ask, how can you be with SECU for all those years and not understand "Do the Right Thing"?
ReplyDeleteTHAT is what astonishes me ...
Very few villains believe what they're doing is wrong or unjustified.
DeleteThe human mind has an astounding ability to convince us that we ARE "doing the right thing"
They just have a different definition of "right" than you or I...
True, but these folks worked under JB and ML for years so you would think they had a clue on what was "the right thing to do for the members"!
DeleteThe board being greedy and clueless doesn't surprise me and it shows in their discernment skills...