“The proper order of things is often a mystery to me.” - The Cheshire Cat
Ms. Cathy Plaut, SECU Chief Legal Officer
August 25, 2025
Re: SECU Member Resolutions - 2025
Dear Ms. Plaut,
Thank
you for your prompt response [link] to my August 15, 2025 inquiry [link] concerning
the presentation of SECU member resolutions to the SECU Board of
Directors.
I had hoped that specifically
limiting resolutions to SECU governance issues would appropriately
narrow the focus and scope of discussion. And, that the submission of
resolutions well in advance would fairly enable all SECU members to
review and consider the issues. It has historically been standard
practice for all credit unions to include such discussions as part of
their annual membership meetings.
Wish to
clarify your statement that member resolutions had not been allowed at
"recent"' annual meetings is not fully accurate. SECU members were
invited to fully participate in the annual membership meeting from 1937
through 2022.
Member resolutions from the
floor were first prohibited only in 2023 and SECU members were
prohibited from speaking at the annual meeting for the first time in 2024 - just nine months ago!
SECU
members have not been prohibited from submitting resolutions prior to
the annual membership meeting, until your ruling in your latest response
of August 20, 2025. SECU members may not now actively
participate in any fashion at the 2025 annual meeting.
From
your letter, it appears that you believe that the SECU bylaws permit
member resolutions only through the calling of a "Special Membership
Meeting". That is certainly a novel idea, perhaps unique to SECU; and
certainly appears to erect new, substantial barriers for the membership.
But, again your response and
clarification are appreciated. If a "Special Meeting" is the approved
method, would you please send me a copy of your established rules and
procedures for calling such a "Special Meeting".
Thank you. Look forward to receiving those guidelines and procedures promptly.
Sincerely,
Jim Blaine, SECU Member
| Leigh.Brady@ncsecu.org |
... Ask Alice?
Do you feel at all responsible since it was your actions that led to members being prohibited from speaking at the annual meeting?
ReplyDeleteOkay...wait a minute. A member speaks, makes a resolution that is approved by the members present at the meeting and that causes the silencing of members?! Whew! There is no place at a member OWNED cooperative for the member to ask questions of the board or ELT.
Delete"Something is rotten in the state of Denmark."....
just shows how far we have fallen ...
DeleteHaha that’s the dumbest logic we shouldn’t use our rights for fear they would take them away. If that’s the case then did we ever have those rights to begin with if we don’t use them.
DeleteFact is besides the 2022 debacle a member hadn’t use their “right” to bring a resolution at the annual meeting in decades.
DeleteBut could if he wanted too.
DeleteProbably already in the bylaws, but they'll change the bylaws specific for this instance without following the rules for doing so and the administrator will not do anything about it. All too predictable.
ReplyDeleteAlice is now on hopium ...
ReplyDelete$40MM in net income for June 2025. But we can’t afford raises…
ReplyDeleteLook up "Quiet firing". We have been through a mass four year quiet firing campaign. This was board directed to Jim Hayes who was a master at it, and it has continued under Leigh.
DeleteLook at the attrition since the fall of 2021. It has been quite effective.
because lay-off doesn't sound good in the press, however the new executives hired got full PTO upfront without having to earn it over time ... just more of that 'Industry Standard' stuff ... and then there's the 6 million dollar man ...
Delete@4:53PM What you’re suggesting with PTO did not happen. Where’s the proof?? Post it here please.
Delete@8:26 Yes it did, it is a fact. Apparently you're the only one that doesn't know that took place. Who are you trying to protect?
Delete@6:46AM Where can I find it? Which folder?
Delete8/28/25 10:18 HR folder memo from 10/14/22
Deletehttps://www.dukechronicle.com/article/duke-university-health-system-changes-paid-time-off-pto-2026-new-employees-reducations-20250828?utm_source=Business+North+Carolina+Daily+Digest&utm_campaign=9b780ac5d8-EMAIL_CAMPAIGN_8_12_2019_COPY_01&utm_medium=email&utm_term=0_7ae5defd0d-9b780ac5d8-122910649#new_tab
Delete4:53… so what if they did? No one meds to be protected. That’s what happens when people with a lot of tenure at one place and a lot of annual pto sccrual and their sccrual rate drops at a new employer. We pay signing bonuses too.
ReplyDelete