The SECU Annual Meeting: The Lack Of Transparency Fuels Distrust ...

 Work at "doing things differently"... instead of seeking to be something less.

😎 Wanted to make sure you didn't miss the difference in a world class Annual Meeting - Berkshire Hathaway.  

  "The question-and-answer session -- a centerpiece!"

Berkshire Q&A: Buffett says he expects tough questions 'and that's the way we like it' [link] 

 

✅ "The three of us will not get so much as a clue about the questions to be asked. We know you and Becky will pick some tough ones and that’s the way we like it," Buffett said.

 

 ☑ Independent, impartial "curator".     [SECU Board - No!]

 ☑ Random, un-screened questions.      [SECU Board - No!] 

 ☑ Questions from the floor.                  [SECU Board - No!]

 ☑ Follow up questions.                         [SECU Board - No!]

 ☑ Live stream questions.                      [SECU Board - No!]

 ☑ Up to 5 hours Q&A.                           [SECU Board - No!]

 

  "State Employees’ Credit Union (SECU) is a member-owned not-for-profit financial cooperative, grounded in the credit union philosophy of People Helping People®." [link SECU website] 

  Could have fooled me...

 

 

 

SECU Annual Meeting: A Magical Moment?

   "Mark my words..."!

✅ "While we welcome member questions, we will not address questions that are not relevant to SECU..." [link]

Q: Will questions be administered by an independent, impartial entity [as with balloting]? 🔲 Y 🔲 N

Q: Will the total number of questions submitted be reported? 🔲 Y 🔲 N

Q: Will the name of person submitting the question be included? 🔲 Y  🔲 N

Q: Will all questions be presented [how do members confirm?] 🔲 Y 🔲 N

Q: Will you video and provide the Q&A in advance of the meeting [to eliminate any need for a one hour limit]?  🔲 Y  🔲 N

Q: Will members have the opportunity to inquire about the answers provided? 🔲 Y  🔲 N  

Q: Will the Annual Meeting be "staged" like "The Fireside Chats"? 🔲 Y  🔲 N

Q: Will you provide your definition of "relevant"?  🔲 Y  🔲 N

Q: Why are you afraid of the SECU membership? 🔲 Y  🔲 N 

  😎✷✷ Anonymous August 29, 2025 at 4:12 PM They're allowing an hour for Q & A. That should satisfy everyone

😎✷✷ Reply : Anonymous August 29, 2025 at 5:31 PM You mean like last time when they were able to pick questions they wanted and trash ones they didn’t like. Also got time to prepare BS answers.