What is an Annual Electoon?
We've received comments and emails concerning the upcoming Annual Meeting which typically takes place at the end of May.
For those who many not know, during the annual meeting, officers inform attendees about the credit union's financial and security standing, announce the names of newly elected Directors and Supervisors, and describe those plans that will be implemented over the next year to promote growth.
In 2009, President Wiggington has exacted measures to limit the publication of information including, his disruption of the electoral process to ensure the Board's Directors remain in place and are not displaced by new representatives. He, with the held of Board Chair, Diedra Harris-Brooks,
Both the President and Board Chair, Diedra Harris-Brooks, decided to plot another of their self-styled schemes. This time, they would decided to limit how many members receive the annual required notice inviting them to nominate themselves to run for available seats on the Board and/or Superviory Committee.
The President ordered the notice placed in the downstairs entry way to the credit union though most members rarely visit the South Pasadena branch.
He also included a reference in the statements mailed out in February.
He also included a reference in the Winter newsletter but that letter is only mailed to members who have a checking account and thus excluding the larger sector of members who ONLY have a savings account.
The plan might have been labeled a success had their plot not been made public. Ultimately, the two are as awful at being conniving as they are at developing successful business development strategies.
The 2008 Annual Meeting will taken place in South Pasadena at the end of May 2009. All members which includes those with only a savings account, are invited to attend the meeting. Its important to keep abreast of the changes occurred at the credit union and of the plans for its future.
However, it is important to take information verbalized by the President and other officers and information contained in the annual report that will be distributed at the start of the meeting, and over the next year review and confirm how much of what was stated was actually realized. We have noticed that the officers talk what they think is a good game but rarely, if ever, succeed in achieving their stated goals.
Member-owners have a right to express their concerns about the credit union's internal operation and its direction. The annual meetings are also an appropriate venue in which to ascertain if in fact member-owners are Priority One's "First Priority."