SECU amended its bylaws as they are allowed to do. Not subject to any approval by the Admin of NC CUs as you claim. Thanks for providing proof that SECU did the right thing.
8:19 pm You haven't got it exactly right. The SECU Board can amend the bylaws but the Board must receive approval from the State Administrator of all proposed amendments.before being implemented.
So 8:19 must know the rules and regulations for changing credit union bylaws and what the board elected to change. I would like to also know what bylaw options they chose to change that only required BOD approval. If one doesn't care that our freedom to speak was stripped, it is likely because it does not affect him/her personally today.
... Wilson Pickett [link].
"Why does the SECU Board fear the members?" 
as Pogo would say ...“WE HAVE MET THE ENEMY AND HE IS US.”
ReplyDeleteSo valuable is the precious virtue 'TRUST' that there can be no price put upon it; and once betrayed and lost, it is almost impossible to restore...
ReplyDeleteSECU amended its bylaws as they are allowed to do. Not subject to any approval by the Admin of NC CUs as you claim. Thanks for providing proof that SECU did the right thing.
ReplyDelete8:19 pm You haven't got it exactly right. The SECU Board can amend the bylaws but the Board must receive approval from the State Administrator of all proposed amendments.before being implemented.
DeleteRegulatory approval is required, not optional.
So 8:19 must know the rules and regulations for changing credit union bylaws and what the board elected to change. I would like to also know what bylaw options they chose to change that only required BOD approval. If one doesn't care that our freedom to speak was stripped, it is likely because it does not affect him/her personally today.
Deletelet's not mistake what is legal as to what is right,
Deletethere is no right way to do the wrong thing ...
legal or otherwise ...