* Source: CNBC News (2022)
Risk-based lending is a step backward in time on social justice for SECU and all its member-owners.African Americans disproportionately (54%) have lower, poor, or no
credit score. That means that these members with excellent payment records at SECU are being charged higher, punitive loan rates unjustly. Probably don't need to say anymore about that because we
all know America is "not there yet" on racial equality - but lets not go backwards!
✅ The incumbent candidates are running on their record over the last three years:
* The injustice of RBL * $250 million in 2024 loan losses * 2% or less savings rates * soaring operating costs * service quality declines * erosion of trust with members and staff * the $5 billion loan and the $6 million man * and more! Time for a change and a dose of term limits for the incumbents!
Vote for the member-nominated candidates:
And restore fair rates for every member!!
❋❋ Click here to vote now! ❋❋
Jean Blaine - Susie Ford - Julian Hawes - Kirby Parrish
Vote "All 4 in '24"!!! .
facebook.com/secuforall
we are not allowed to tell members the rates. they don't realize they are getting a bad deal. still trust us as in past
ReplyDeleteThis right here should be illegal but I'm pretty sure our governing body couldn't care less or better yet SUPPORT IT! ... just like OUR board!!!
Deleteit's time the nonsense is walked out the door ...
* 4 more in 24 *
We are allowed to tell members the rate spread because it is published on our website. However, we were told not to share the tier ranges with the members. This is very strange because the members own SECU.
DeleteTransparency!
Delete"The Incumbents Either Ignore Or Support The Discrimination Underpinning Risk-Based Lending At SECU"
ReplyDeleteI vote for both... better yet I vote for ...
Jean Blaine - Susie Ford - Julian Hawes - Kirby Parrish
Have you heard the board is spending your money to reelect themselves.
ReplyDeleteSuspecteded corruption now confirmed. 4 more ... get rid of these hooligans.
where did you hear that?
DeleteSee September 16, 2024 at 2:18 PM post below.
DeleteThe board is using SECU employees and funding to run a campaign on social media for re-election.
DeleteNot only heard it - but we have the ability to see the evidence:
DeletePostage on 2 million+ ballots plus the return envelopes' postage. Calculate those numbers.
And these never ending Facebook Ads promoting the incumbents. How much is that costing?
It’s being advertised on social media. I saw an ad for it endorsing the incumbents.
DeleteCan they legally do this? I genuinely don’t know.
Deletethe incumbents are well past their "sell by" date 4 more in '24!
ReplyDeleteI received my ballots. I'm almost shocked by the way the incumbents have tried to stack the deck to make sure they win. So unfair. Those people must have no shame...
ReplyDeleteMakes you wonder what's in it for them doesnt it? Sure seems to be a valuable "volunteer" position.
DeleteCompletely agree. It is shamefully slanted. The ballot alone with the source of nomination column. How about THOUSANDS OF SIGNATURES?!
DeletePosts said proudly the advertisements paid for by secu. So members endorse board members but board uses our money to advertise their board members!
ReplyDeleteSpending members money to endorse only half the candidates is unheard of in co-op world. SECU was always unique but don't add this to the resume.An Embarrassment to us all
ReplyDeleteAmen
Deletesad times for a former assetto NC
Delete