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SHOWN TO THE RIGHT, ARE THE CONTENTS OF THE 11/27/12 LETTER SIGNED BY PRIORITY ONE CREDIT UNION PRESIDENT, CHARLES R. WIGGINGTON, SR. IN COMPLIANCE TO THE TERMS OF SETTLEMENT AGREED TO BY THE CREDIT UNION AND A MEMBER WHO SUED THE CREDIT UNION, ALLEGING THEIR WILLFUL VIOLATION OF THE PRIVACY ACT.

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Friday, March 20, 2009

For Your Information Only


The Department of Financial Institutions

It's interesting to discover that the Department of Financial Institutions ("DFI") like Priority One Credit Union, will refer to its statutes when conveniently ignoring any person's concerns. 

Over the past few weeks, we've received emails and comments in which readers ask why the DFI has not been contacted about the allegations of abuses leveled against Priority One's abherrent President, Charles R. Wiggington, Sr. We have no way of knowing if people have complained to the DFI and if so, how the DFI responded. Based on the fact that the President's abuses appear to be accelerating, we'd surmise that the DFI has not been contacted. 

We know that during the past three weeks, three complaints were sent to the NCUA but those concerns were forwarded to the DFI for response. Its a seemingly vicious circle but typical of the bureaucratic systems in place, allegedly designed to resolve problems but which at times, only seem intended to dissuade grievants.

On March 12, 2009, we received the following email:   .

March 12, 2009

This e-mail is to acknowledge our receipt of your e-mail on March 2, 2009. The entity you are inquiring about is regulated by the California Department of Financial Institutions and we have forwarded your e-mail to them to investigate and respond to you directly.

Please use the contact information below to inquire on the status of your complaint:

California Department of Financial Institutions
1810 13th Street
Sacramento, CA 95814-7118
P. (800) 622-0620
F. (916) 445-2123

Sincerely, Federal Reserve Consumer Help Center

We have no idea what time frame is allotted the DFI to investigate any company. It will be interesting to see when an inquiry will begin or if, an investigation will begin.A few weeks ago a reader posted that the DFI requires 30 to 90 days in which to complete any investigation. 

Priority One's Board is not going to call President Wiggington into check. Their behaviors show they are more invested in covering up his violations of state and federal laws, then rectifying the damages he's caused which have pushed Priority One into a cycle of losses. They've also shown that they indeed believe that what Priority One needs is a "Black President", not matter the cost or injury. 

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15 comments:

Anonymous said...

I think 90 days is a bit optimistic now in California for the DFI to start any action. The DFI has the same budget troubles as the rest of the state.

The real power to solve Priority One's troubles is in the hands of the membership. They can vote the existing directors or those that are up for reelection out of office at the next annual meeting. The credit union is required by law to notify the membership when the meeting will be held and where and how to nominate members by petition for a directors seat. i recall that the maximum number of signers, all of whom must be members in good standing, for a petition is 500 in Califoria.

The election procedures are spelled out in the credit union's bylaws. Any member is entitled to read the bylaws. It's in the law.

If the members were to take this action, the new board members, assuming for the moment that they held a majority position, could change the direction of the credit union. It would seem likely that Ms Irving would probably vote with the new directors so reaching a
majority might not be that difficult.

The time to act, if you want change, is now.

Anonymous said...

John, I just want to say "you are really GREAT"!!!It's about time that all people affiliated with Mr. Charles know the REAL Charles. He is a SNAKE.
This BLOG has been the greatest thing that has happened to this Credit Union.All members and Credit Unions should very well know how charles, and his staff operate in illegal activities, including m.lee. Rodger is a moran, he is just to blame for keeping these employees around.It is VERY SAD that Mr. Charles and Roger are running this business.They are going to bury this cred un to the ground.

Anonymous said...

John, you make sure you forward the posting from California Dept Financial Instuitions to The President to shake him up a little so he can enjoy the time he has out of jail. He's almost OUT OF HERE BABY!!!!!!!

Anonymous said...

DOES ANYONE KNOW IF WIGGINGTON GOT A XMAS BONUS IN 2008?

IF HE DID, THE BOARD SHOULD BE HELD ACCOUNTABLE FOR REWARDING SOMEONE WHO IS NOT ONLY NOT DESERVING OF A BONUS BUT WHO SHOULD HAVE BEEN AXED.

HE GOT PAID WHILE ON SUSPENION THAT SHOULD BE HIS BONUS.

GET RID OF THE BOARD AND YOU GET RID OF WIGGINGTON. MAKE MRS IRVING THE CHAIRMAN AND BOOT OUT THAT USELESS DIEDRA AND HER GANG OF DORKS.

Anonymous said...
This comment has been removed by a blog administrator.
Watching You said...

YOUR A JERK, ANONYMOUS. What does being a "little old lady" have to do with anything. She unlike Diedra or O Glen, has had the guts to disagree with what that board of idiots refuses to do. Anonymous, I bet your a board member. How else would you know how she got on the board?

Anonymous said...

Diedra is no spring chicken either. For that matter neither is Wigg, Saffold or Gathers.

Anonymous said...
This comment has been removed by a blog administrator.
Rebel with a cause said...

"Mrs. Irving is nothing but a little old lady who got a board seat because her husband was a board member and he passed away. She no more deserves (or has the knowledge)
to sit on the board than does Diedra."

What does age have to do with anything? What do you know about Ms. Irving? She has always tried strived to do what is right and to carry out the responsibilities entrusted to her by the membership.

She has always considered the credit union first instead of looking at what is politically good for her.

In fact her effectiveness and ethics are the reason Diedra chose to back stab Mrs. Irving and the reason Charles dislikes her and speaks so bad about her.

She is far more capable intellectually than Diedra could ever hope to be. She got her position of the board by personal merits not nepotism.

Unlike Diedra or Charles, she does not need to be dishonest to achieve what is good for the credit union. It is because she has actually not chosen to do what is wrong that she has been black balled by the man who was accused of sexual harassment and the woman who retired from the post office with a horrible reputation!

Her votes are not cast in favor with the popular vote but with what she actually believes is good for the credit union!

It is true, her husband was on the board and since he died, Ms. Irvine has run for a position of the board on her own merits. And she won! In fact the POSTMASTER of Pasadena sat who once also sat on the board, lost when he tried to run for a second term.

And if you know Mrs. Irving, you know that she maintains a high position at the post office and she can express and carry herself far above the clowns that call themselves Priority One's board members!

You know, you sound like Smock who sat on the board at one time. I wonder????

Anonymous said...
This comment has been removed by a blog administrator.
Former Board Member said...

I know who you are and you most definitely are not Smock or Wiggy or the always dull, Diedra.

You could have been an asset on the board had you not been such a condescending snob. Why do you think you did not get re-elected. I still remember the day you attended the meeting and discovered you were not voted in again. You just walked out. That's constructive.

Yes, members of the board are not as smart as you but you with all your intelligence that that treating them like the dummies that they are would let you get your way. It didn't did it?

Diedra and Wigg are dull and selfish, insecure, controlling and so and so and so on, but in some ways so are you.

The potential you had to make things better wase shot down because you act like you are somehow better than those around you, that's why you lost the election. Obviously you're bitter but maybe now you can do what you could never could do while on the board and that is change your attitude and use that intelligence to help solve the problems affecting Priority One. And whether you agree with it or not, Charles and Diedra who you conveniently avoid, are destroying what more than 80 years of sound managment could never do.

And by the way, described Mrs Irving as "old" is age discrimination and implies that due to her age she has nothing to contribute. Tell me what Has O. Glen contributed? How about Thomas Gathers? And Diedra? And what you do while you were on the board? By the way, how old are you? I know you're not 40.

Thanks a lot "Anonymous."

Seer said...

To the ex-board member,

The ability to focus attention on important things is a defining characteristic of intelligence.

Robert J. Shiller

Drop the bitter grapes and try to do what you failed to do the first time around. It will mean fighting yourself.

Anonymous said...
This comment has been removed by a blog administrator.
John said...

I am sorry about what happened to you at Priority One.

Knowing that efforts were made to campaign for other candidates while no effort was made on your behalf, is difficult and certainly your anger against those who were involved in this, is justified.

It is the nature of the beast in the election process. It has probably caused many qualified and promising candidates or in your case, incumbents, to not be re-elected into a post where you probably could have made a difference.

Not amused said...

You wrote that Ms Irving is OLD but you are definitely NO SPRING CHECKEN. In fact I can easily write about a lot of things you did while you served on the board but I won't because this BLOG isn't about YOU!!

Let me clear some facts up for you so that you stop telling people things that are not true. #1, you lost the election because the postal employees had no idea who you are. Remember, postal employees are close knit and trust only each other.

#2, Priority One hires a company who runs the election process. That company chooses the order in which candidate names are to appear. Mr. Harris had no say in deciding this nor could he influence the order. By the way, he would not have done that either, even if he could.
Also, Mr. Harris and no CEO before him every campaigned for a candidate. Its not considered appropriate or good form. Members might call and ask him if he knows a candidate but Mr. Harris like all other CEO's at Priority One believe that to campaign for a particular candidate taints the election process.

Also, when Mr. Harris took over Priority One the credit union net assets were $90 million but when he left they were $176 million.

There were 3 mergers while he was president and they were all with small credit unions.

When came on board, Priority One was just another mom & pop establishment with very few SEGS and products.

While he was CEO, he introduced new software and programs which are still being used today by the credit union.

And unlike you and other board members, he was and is still liked and respected.

If I remember, you wanted to be CEO but never could get the position. I remember you as rude and discourteous to board members and in the industry many people do not like you.

So Spring Chicken, before you criticize Mrs Irving remember she at least is respected as is Mr. Harris who is thought of highly by postal employees and employees of Priority One.

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