Sunday, March 17, 2024

The Administrator of Credit Unions Knows North Carolina Law

... it's on their website! 

✅ Here check it out for yourself : [link to State Statutes] !

Or, here is the section you need to look at:


✅ North Carolina law permits only two limitations on participation by members in their credit union - just like the federal law. The first one is limiting voting rights to those members 16 years or older [54.109.31(d)]. The second one is the most important, a state-chartered credit union may limit a member from holding office in their credit union only if the member is less than 18 years old [54.109.31(e)]. You'll note that these laws have been in effect since at least 1975, not exactly new ideas. 

Every North Carolina credit union member 18 years or older is qualified to hold office in their credit union, according to North Carolina law. 

😎 Regardless of what "We" may think!

... but, but, but, the law doesn't matter... "We Are SECU"!



  1. Denying any member who wants to run an "official petition" is a violation of the law. Setting up rules and procedures that prevent any member of running is also a violation of the law. Understand that SECU Board can interview and select whomever the SECU Board wants for its slate. Barring members from running because the SECU Board wants its incumbents to win the election is outside the law. Is this a proper understanding fo what these lawyers on the Board are trying to do? Ayers and Wooten are BOTH lawyers!! plus all the lawyers that work for SECU!!

  2. Trying to catch up and a little confused. Did someone try to run and was denied by the board?

  3. Replies
    1. What was the reason they gave for saying no?

  4. Was asked are members still paying attention? Blog has just reached end of first full year - views over the 12 months = All Time1,519,162... still running @100,000+ per month...for Feb. 2024 = Last Month104,009

  5. If they don't pay attention, they'll wake up when it's too late