Friday, August 15, 2025

SECU Annual Meeting 2025: Significant Member Resolutions?

    ... asking for the moon?

Ms. Mona Moon

Chair, SECU Board of Directors

August 15, 2025 

Dear Chairman Moon,

I would like to follow up and ask if significant SECU member resolutions may be included in the Notice of the 2025 Annual Meeting which will be sent to members on August 29, 2025? [link to your prior member letter].

Significant resolutions from the floor were prohibited by the SECU Board in 2024; a change which was not in keeping with the prior history of the SECU Annual Meeting. Though not a great fan of that prohibition, it made sense in three important respects: 1) there is not sufficient time for review and discussion of significant issues at the Annual Meeting, 2) the vote of the limited number of members at the actual Annual Meeting might not be representative of the opinion of the larger 2.9 million membership, and 3) member resolutions should be limited to issues ("significant") involving the governance of SECU - not operational issues, which are the responsibility of the Board.

Realize that the rules and agenda of the meeting are not as yet set; but thought it would be important to have significant resolutions on governance sent to you and the SECU Board in advance, for review and publication to the full SECU membership - their consideration and feedback remains important.

Look forward to your response. Have also sent copies of this request to our CEO, Ms. Brady and to our Chief Legal Officer, in case this request should more appropriately be routed to one of them.

Thank you.

Sincerely,
Jim Blaine, SECU Member
 
 
  "Don't worry if you're making waves just by being yourself. The moon does it all the time."