Tuesday, November 10, 2026

Final Thoughts On The SECU 2026 Annual Meeting Q&A: The De-duck-tion Is A Re-duck-tion In Benefits... At Least For SECU Members.

https://i.pinimg.com/736x/d6/7a/3f/d67a3fed7eda5cc72f98849689e8e7e0.jpg  Here ya' answers busta!  Happy now?              -  D. Duck

Well no, not really, but time to finish up the Q&A "monologue discussion" with our CEO from the 2026 Annual Membership Meeting. The video of the meeting and answers to pre-submitted member questions have been posted [look for the "PDF" click] . 

Had noted in prior posts to look especially for answers on three key issues: the suspect "no bylaw amendment amendments" of 2025,  the 300,000 member signature petition now required for simple resolutions for the board, and the imposition of diminished privacy protections on the membership. The "answers" appear inadequate , but Ms. Brady did her best.

✅ As SECU members, after 5 years of "new/new" cooperative, democratic leadership; we are left with the following improvements:

Year     Member May Speak     Member Resolutions    Q&A 

 2022         Fully Permitted         Fully Permitted          Yes

 2023             Restricted                   Restricted            Yes 

 2024             Prohibited                  Restricted            Yes

 2025             Prohibited                  Prohibited           Yes

 2026             Prohibited                  Prohibited           30 min.

✔ Can't wait for 2027! What will they tink of next? 

✔ On a more positive note, to clarify that answer about that $26.5 million loan to Ms. Brady [see #35 - PDF]. That benefit is in addition to, on top of the already existing CEO  "SERP" benefit, so it does not "lower costs" as implied. 

😎 And, that CEO "multi-million dollar benefit loan program" has been provided to only two, not "several", SECU CEOs - Mr. Hayes & Ms. Brady. Will have to admit that if Mr. Hayes was worth $6.5 million, then Ms. Brady is worth more, but ....

 ... might want to closely consider that comparison, before celebrating too much!