Wednesday, July 9, 2025

SECU What's Next? Isn't This A Losing Struggle?

 https://wallpaperaccess.com/full/9402376.jpg  Absolutely!

The SECU members are losing:

✅ At the SECU Annual Meeting: 

 Recent Year     Member May Speak     Member Resolutions

       2022                  Fully Permitted             Fully Permitted

       2023                     Restricted                     Restricted

       2024                     Prohibited                    Restricted

       2025                     Prohibited                    Prohibited 

Still to Come for SECU Members?: 

The Threat of Mergers, Malfeasance, and Bank Conversions! [link]. 

But there has been some progress, so stick with it a while longer if you can.

Victory is usually temporary, failure is rarely final, but...

"Don't it always seem to go..." [link]

 

All a bit Sisyphean? ... yes!

9 comments:

  1. "it's always darkest before the dawn" ... they haven't passed the credit union bill destroyer ... yet. If that passes Katy-bar-the-door ...

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  2. Since SECU cannot be conquered from the outside, they are working to destroy it from the inside.

    Gym the Trojan Horse is lost on most...

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  3. And yet in all those years, there was no requirement that SECU allow members to speak!! Can you explain which state or federal law or the area in the bylaws that say CU must allow members to speak or allow member resolutions at the annual meeting? (Hint, there’s not one)

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    Replies
    1. Why do you pretend this is out of line? Common practice for stock holder businesses. Check out Warren Buffet answering questions! But Leigh Brady won't/can't.

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    2. What's the reason why you wouldn't let the owners speak at their meeting?
      (Hint, there’s not one)

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  4. It doesn’t matter what any member/owner thinks, if they live outside the ivory tower. We're just there to be bled dry and used to fund 'their' ideas of what a credit union should be...

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  5. Funny how the board was elected democratically, but does not govern democratically...

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  6. Gym Haze was arguably the most damaging leader in SECU’s history — a profoundly ineffective CEO whose tenure marked a sharp departure from the credit union’s core values

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    Replies
    1. And there has been no return from most of what he did.

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