✅ Have these restrictions on the cooperative, democratic rights of SECU members reduced the Annual Membership to farce?
Meeting Year Member May Speak Member Resolutions
2022 Fully Permitted Fully Permitted
2023 Restricted Restricted
2024 Prohibited Restricted
2025 Prohibited Prohibited
✔ Governance at SECU seems to be increasingly unprincipled - at least democratically! And, members have submitted several questions asking "Why?":
- Please publish the wording of the bylaw amendments approved by the SECU Board in September, 2025; explain their purpose and intent; and state if the amendments have been modified or rescinded? [replay!]
- Why doesn't SECU post a copy of our bylaws on the website? Most credit unions do. It would help eliminate any uncertainty.
- Why does the board refuse to nominate more than one candidate for each vacancy? Let the members choose.
- Will our Board commit to remaining a North Carolina credit union and not merge with out of state CUs?
- Will the Board commit in the bylaws that no director or executive can receive bonuses, payouts, or other benefits tied to a merger or sale of SECU?
- SECU has recently announced a new “Online Privacy Notice” that is both invasive and intrusive. If members choose to fully protect their online privacy by opting out of SECU’s policy, the implication is that SECU will restrict the members’ rights to basic services, one example, the mobile app. Is this true? How do members opt out of these discriminatory policies (such as sharing member information with third parties) and continue to receive the full service which their membership has always provided?
😎 Look out for that last one! The newly adopted (effective: July 15, 2026) SECU Board privacy policy can be found here - [link]! It would appear that you and I, as SECU members, no longer has any right to privacy!
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