.... ignorance and confidence.
✔ The Twit: Anonymous January 14, 2026 at 4:02 PM
“Legally in charge of SECU”. God that’s rich. Please site your sources for this and no, your own misinformed opinion on the powers of the NCCUD administrator do not apply. Make sure you use facts."
✅ The law: § 54-109.12. Corporations organized hereunder subject to Administrator of Credit Unions; rules and regulations. [link]
"In addition to any and all other powers, duties and functions vested in the Administrator of Credit Unions under the provisions of this Article, the Administrator of Credit Unions shall have general control, management and supervision over all corporations organized under the provisions of Article 14A. All corporations organized under the provisions of Article 14A shall be subject to the management, control and supervision of the Administrator of Credit Unions as to their conduct, organization, management, business practices and their financial and fiscal matters."
✔ The Twit: Anonymous December 21, 2025 at 1:27 PM
"Don’t agree whatsoever. A credit union cannot be sold. There are no shares of stock to buy, and there is no consideration in credit union mergers."
✅ The law: "§ 54-109.21. General powers. " [link]
"A credit union may:..."
"(10) Sell all or substantially all of its assets or purchase all or substantially all of the assets of another financial institution, subject to the approval of the Administrator of Credit Unions; "
"6:42pm You’re just wrong. As always, you can say someone else is wrong but you can’t say why"
✅ Undeniable ignorance, supported by unfounded self-confidence...
