Ms. Katrina Ray, N.C. Administrator of Credit Unions
re: 2025 SECU Board Election Policies and Procedures
June 9, 2025
Dear Ms. Ray,
As you are aware, during the last three years there has
been continuing controversy over the
SECU Annual Meeting and the nomination/selection procedures for SECU
Directors. The various discussions resulted in contested SECU board
elections in 2023 and 2024, including the replacement of several incumbent
board members. A contested election was again anticipated in 2025.
It has been brought to my attention that the "SECU Election Policies and Procedures" [link] have been modified in 2025 without proper notice, which has precluded independent candidates from submitting the required self-nomination packages in a timely manner.
The failure of proper notification is self-affirmed from the SECU 2025 notice itself [link] :
A). "3. Change in Election Procedure. In any year for which the Board modifies its election procedures, proper notice will be provided to all members at least 180 days prior to the annual meeting."
B). [165 days]
We would like to meet with you to discuss the best way to quickly remedy this failure without interrupting the annual meeting schedule, so that independent candidates can be rightfully considered. We would encourage you to include representatives from SECU in the meeting to help assure a quick, fair resolution.
Look
forward to hearing from you as soon as possible. Time is of the essence
and any delay may result in unnecessary disruption and costs.
Look forward to meeting with you this week if possible.
Thank you
Sincerely,
Jim Blaine
SECU member
