Monday, September 29, 2025

North Carolina Credit Union Administrator to Consider Latest SECU Board Bylaw Amendment...

https://st.depositphotos.com/4428871/57867/i/450/depositphotos_578678486-stock-photo-have-you-heard-question-text.jpg    Wonder why not?

😎 The Chief Legaler at SECU has concocted some more mischief to further shut out SECU members from participating in the governance of their credit union [link]. 

The record so far has been sullenly dismissive: 1937-2022 - Speak freely!; 2023 - You have 2 minutes!; 2024 -You may not speak!; 2025 - Don't even try it! Evidently in the future it will be an even more brazen - "STFU" (Speaking Terminated, Forever Unacceptable") !  At least that's what the letter implies, if 300,000 signatures will now be required to address the Board.

The SECU bylaw amendment to achieve this further prohibition must be submitted to the N.C. Administrator of Credit Unions for approval. 

😎 As an SECU member have you received any information, heard any discussion about the proposed bylaw amendment or the reasons behind the changes? Had a chance ask questions, express your point of view?  

[From Robert's Rules of Order for Dummies]:  

"Setting the conditions for amending your bylaws"

"In amending a previously adopted bylaw, make sure that the rights of all members continue to be protected. The surest way to provide this protection is to prevent bylaws from being changed without first giving every member an opportunity to weigh in on a change. And bylaws should never be changed as long as a minority greater than one-third disagrees with the proposal."

😎 Why hasn't the SECU Board provided members with information about its intent to amend the SECU Bylaws - the only document which protects SECU member ownership and governance rights

😎  Could the proposal be: "Art. XX, Sect. X - SECU Members, Like Children, Should Be Seen Not Heard."

✅ Even if the SECU Board chooses to ignore the membership, shouldn't the N.C. Administrator of Credit Unions be interested in hearing from the 3 million North Carolinians who will be affected?

 

   Or is this once again the..."You'll know what you need to know when you know it." 

 

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