✅ Callahan & Associates is considered to be the premier provider of data analytics on credit unions in the U.S. The company is headquartered in Washington, D.C.
😎 Here are some recent, independent loan performance comparisons of SECU versus other very large and regional credit unions
SECU is "twice as good"... hard to duck those "figures".
Holy Crap!!
ReplyDeleteHow do a majority of the Board members see those numbers and allow the CEO and CLO to continue along the same path unabated???
It would appear either they do not understand what is going on or do not care.
"How do a majority of the Board members see those numbers and allow the CEO and CLO to continue along the same path unabated???"
Delete1. They ARE giving the marching orders ...
2. They are all in agreement of the current policies... (as long as they have the majority)
3. We really don't know what they think because they never explain themselves, so we are left to reading the tea leaves ...
4. They hired folks who don't have the credit union and ALL it's member/owners at front and center of ALL decisions (they came from a bank and never had to assimilate into credit union culture). They treated long time CU employees less than cordial (I'm trying to be civilized).
Members sit at the back of the plane until we can improve our credit scores and move up to 'A paper' with the chosen ones...
Meanwhile we fund 'their' credit union and all their corporate buddies that 'they' gave our jobs to, that give them advice on how to screw their members/employees even more ...
(the playbook for the last 50+ years)
5. They can always fall back to blaming others like children often do ...
6. Nobody at the State level has our back (remember get an attorney and we'll answer your questions, until then ... well you know what they thought), we're left to fend for ourselves against the corporate wolves in sheep clothing...
money & power has a way of turning good people to otherwise less caring of those they were given the privilege to be helping in life... you know 'I got mine, good luck'! Do the Right Thing never enters their mind, it's blocked by the flesh ..
The road is wide but leads to destruction ...
... sometimes you don't see it until it's too late.
I'm done for now ...
4 more in 24!
CEO is currently involved and immersed in getting the same old 4 relected so "she" can retain her title. This is the least of her worries.
ReplyDeleteIf we do twice as much - can make it up in VOLUME?
ReplyDelete'Raleigh, we have a problem'
ReplyDeletewww.secuforall.com
ReplyDelete