About That SECU 2022 Annual Meeting Resolution...

    What really happened?

 

The unvarnished truth is that in 2021 the SECU Board of Directors - and their new, highly improbable choice for CEO - created their very own, "new/new" version  of ...

While We Await Word On The SECU Resolutions Resolution...

    Debacle?

     Or Is there Just A Problem With Free Speech?  

😎 About the thinking in a couple of recent comments:

✅ Anonymous August 27, 2025 at 3:18 PM "Fact is besides the 2022 debacle a member hadn’t use their “right” to bring a resolution at the annual meeting in decades." 

✅ Anonymous August 25, 2025 at 2:33 PM "Do you feel at all responsible since it was your actions that led to members being prohibited from speaking at the annual meeting?"

Best I recall the resolution introduced at the 2022 SECU Annual Meeting [here's a link to the actual text]  was a calm request for the SECU Board to communicate with the membership about several important changes that had occurred or were being considered at the credit union. Here was the ask:

  The Motion

"In accordance with the bylaws, pending vote of the membership at the 2022 Annual Membership Meeting; it is moved that:

The Board of Directors review and respond to the above seven questions, after statewide discussions with the staff and all advisory boards; and that the results of those discussions be published to all member-owners of the State Employees Credit Union as soon as practical.

In addition, it is requested that the Board of Directors update, publish, and make available to all member-owners its’ Strategic Plan for SECU no later than 90 days prior to the 2023 Annual Meeting. The Strategic Plan should clearly explain the Board’s recommendations for a new culture and new direction for SECU."

✅  The motion asked only for information and clarification. No harangue, no threats, no demands for action, no request for operational changes.  Please just "take your time" and provide some background and context. The bottom line question was pretty basic: Who are we? Where are you leading us? Why are you taking us there?

The resolution was requested by a number of highly loyal and committed SECU members, volunteers and employees. There seemed to be great concern over the "new culture" that had not been adequately explained to any group of SECU stakeholders.

 

✅  The motion was calmly approved without objection and was seconded by a member of the SECU Board from the podium...

  Hard to understand how that resolution was considered a debacle or was grounds for the SECU Board to revoke the members' rights to speak at their annual meeting

 

The Modern Credit Union Circa 2025: A "New/New" Breed?

   Hornless Unicorns?

The Hornless Unicorn**:  a sub-species of unicorn which does not possess any distinctive qualities nor characteristics. 

 

The hornless variety often lacks the strength of spirit, stamina, and vitality of its thoroughbred ancestors. Narcissistic, must be groomed regularly, tends to overeat. Hard to distinguish in a herd, frequently mistaken for the common horse. 

 

Selective breeding experiments have largely failed. The results of these mergings have tended to produce progeny most closely resembling a mule - i.e., half horse and half ass. 

Rapidly declining in numbers, extinction has been predicted.  

** Source: The Modern Zoology Reference Textbook (Random House, fifth edition, 2021),

   No purpose? ... sounds sorta pointless!

SECU What Next? In The Midnight Hour...

  ... Wilson Pickett [link].

"Why does the SECU Board fear the members?"