... get down to brass tacks!
Been dawdling for a few months on less important issues, but now the season is at hand to address the fundamental, critical concern - SECU governance, your rights as a member owner of the credit union. As a member you need to know what you have already lost and to understand what you may well lose in the future. It's important to you!
Before we launch in earnest, lets go back and revisit yesterday's post [link]. Why? Because the excerpt below from the "Chief Legal Officer/General Counsel" is an excellent example of the misdirection and lack of transparency which have plagued SECU in "recent" years.
❋ According to Ms. Cathleen Plaut: " ... the rules for recent Annual Meetings have permitted members the opportunity to speak or submit questions - but there was no process to allow members to introduce resolutions for consideration at the Annual Meeting."
"Recent Years" Member May Speak Member Resolutions
2022 Fully Permitted Fully Permitted
2023 Restricted Restricted
2024 Prohibited Restricted
2025 ? Prohibited
Hope it goes without saying that resolutions and participation by SECU members were fully permitted and welcomed from 1937 until 2023.
With Ms. Plaut's latest proclamation, no resolutions will now be "permitted" at the 2025 SECU Annual Meeting. Ms. Plaut would have been more transparent and genuine to have stated succinctly that SECU members have been "prohibited" in recent years from speaking at or presenting resolutions to the SECU Annual Meeting.
😎 SECU "Newspeak"? First we had the "no formal proposal proposal", now we have the "new/new" Annual Meeting "recently permitted prohibitions"!
Our "new/new" democratic cooperative?
