Southern "Culture" ?
Those who leap left assert that WUNC is balanced and fair; those who lurch right claim bias and froo-froolery. In other words, your typical PBS station!
One locally produced program is Due South, which featured an interview with SECU CEO Leigh Brady this week. Here take a listen and see what you think: [Due South link]
I found much encouragement in the assertion that 3-tier race-based lending is at least better than the 5-tier industry standard; that the pursuit of business lending was minimized; and that community support was still important.
There also seems to be a clearer awareness that in the future "digital" may enhance transaction speed; but that for SECU members, service quality is still defined - and delivered - by the local, branch staff.
Of major note - in the midst of the national, mega-merger malfeasance by credit unions - was our CEO's repeated commitment to remaining locally focused - solely on North Carolina. Nothing could be more important to our State and the member-owners of SECU.
Let's hope Ms. Brady and the SECU Board will keep their word. Mark it, save it, ... we'll see.
✅ One major focus in the broadcast will not go unchallenged by the ladies. There are several employees (and we all know who you are!) who will claim that Ms. Brady is not the first female "to lead" SECU - whether "behind the scenes", as a branch leader, or on the teller line!
😎 Suspect they're right. Our CEO is at best "currently first" among many, many females to lead at SECU.
Don't care if they are female or male, just want the best and most qualified individual ... is that too much to ask for?
ReplyDeleteI would like them to have the wisdom and courage to "Do the Right Thing" for all the members!
Delete6:06pm At least while I was there - and I suspect the same for Mike Lord - the leaders were selected on merit, performance, and upon the recommendation of their co-workers. About 65% of the leadership positions were females.
DeleteVery dedicated, experienced staff throughout the credit union. Didn't really matter who was CEO in such a strong organization...
Head coaches always surround themselves with the very best assistants which ultimately makes them successful!
DeleteSue Douglas is one major female leader in my book, but there are certainly others. -c
ReplyDeleteand Patty, and Leanne
DeleteMary Ann and Lilnette
Deletehilda, millie,mary, vivian, judy earp
DeleteDiane, Anna, Denise
DeleteCamilla, Debbie, Rose,
DeleteSally!
DeleteBonnie, Stacy, Keri, Mary
DeleteDorothy, Blanche, Rose, Sophia!
DeleteShirley Bell
DeleteDot, Jo, Marietha
DeletePatti
Deleteshannon!
DeleteSue Douglas stood in the way of necessary change is the primary reason we have such a high level of tech debt. Her retirement was long past due. Why has no one named Brady? 30 years of CU leadership isn’t good enough?
Delete@12:58 That's just not true, despite what was tossed around by Hayes, Bomba, Brady and the other bankers that the Board brought in to overthrow SECU.
DeleteThe “technical debt” you claim cannot be pinned to any one person, but for good or bad, it can be tied to the strategy of decentralization. The practice of placing critical tasks in the branches was brilliant and effective, but as demand for new products grew, so did the demand for more customization. Every piece of software had to be heavily customized and this created complexities that other institutions would never face. Same for the processes that supported the products.
What this basically amounted to is that several products took longer to implement than they should which in turn backed up other projects.
I don’t regret being involved in many of those projects because we knew that we were making a difference for the entire State. It wasn’t about us, it was about the Members.
We worked for a cause, believed in what we did and never put ourselves first, which also answers your question about “Why not Leigh”.
Women have been majority of leaders in ops and branches for decades' picked by hard work and performance
ReplyDeleteSayin' and doin' can be two really different things. Let's hope she's learned to "walk the talk".
ReplyDelete@10:31PM Let me get this straight, you created overly complex software and think it’s a boon that it was more complex than any financial institution would face. You think that’s a good thing? That’s actually pretty horrid. Unnecessarily complex systems are expensive and hard to fix and use, and expose members to high levels of risk. I’m not sure why SECU felt the need to essentially produce their own software. Need I remind you that the CU is a financial institution, not a software development company? This is what members are paying for?
ReplyDeleteBomba was one of the best things to happen at SECU. You can thank Mike Lord for hiring him too.
ReplyDeleteThank you 10:51! -c
ReplyDelete@9:35; you're spot on. we do these things the help "the whole state" and think we're doing something good for the members, but the cost of customization and dealing with all this tech debt, slows everything else done and limits our ability to get to market, add new products, etc. This is why the new core is taking so long.. this horrible teach stack mess of ancient undocumented code is the legacy to new / new. We're fixing it though, just going to take a long time and cost a lot.
ReplyDelete5:04pm Troll twit excuses.
ReplyDeleteThe new/new were in over their heads on technology from day one and remain in that risky strategic position.
Had to outsource their tech because they didn't know what to do... especially at the top. Now they can't get much done without asking pretty please from a fintech smirking at their inabilities.
Been running successfully on that "dinosaur technology"
now for 5 years with at least three more to go before the "new/new" arrives.
That "legacy system" will provide 8 years of cover for the troll twits' inadequacy.
@6:58PM You’re off your rocker if you think SECU is better positioned for software dev than fintech.
ReplyDeleteYou never gave value to members for years with no mobile app, and your POS core led LGFU / Civic away to their own demise (although their Board is complicit fir being negligent about not merging with us).
ReplyDelete10:04 am Calm down, calm down!!! You've blown your pacifier out...
DeleteAccording to the SECU website timeline [see here https://www.ncsecu.org/about-us#our-history], SECU introduced the mobile app in 2019 long before the credit union launched the new/new snafu season in 2021.
And, the rupture with LGFCU also occurred on the current ELT watch. in 2021/2022 .... or as a troll twit do you get to manufacture your own facts and history?
Instead of desperately seeking "someone else" to blame, try your mirror for a clearer picture... now keep that passy in there. Enough of the little tyrant rant!
Y'know as in new/new, rant/rant....
10:21am Stay tuned for announcements about the core
Delete