Over the past week, Priority One Credit Union's President, Charles R. Wiggington, Sr., has suddenly become more lackadaisical and has spent more and more time strolling through the main branch in South Pasadena, California, piddling time that should be dedicated to working and talking loudly on his cellular to what are apparently family and friends. One would think by his conduct that the credit union has made a full financial recovery and is again, operating in the black.
Donning more relaxed posturing, the President has resumed verbalizing criticisms about some of his staff for what he describes as their failure to increase new membership and failing to exact efforts needed to increase revenue.
Though its not unreasonable to address areas within the business were immediate improvements are required, it is immensely hypocritical and unproductive for the credit union's highest officer to spend his days traipsing lazily though the main branch criticizing staff members when he has contributed absolutely nothing to improving business and resolving the problems he introduced that are financially taxing the credit union's financial infrastructure.
Charles R. Wiggington, Sr. continually reminds us that he's no strategist and though his obsessive tendency is to find fault in others and issue demands, its quite clear that he is incapable of living up to his own lofty and judgmental expectations.
Aside from introducing reductions in spending that have their most profound impact upon the livelihoods of non-exempt personnel who are also the lowest paid sector of employees at the credit union, Charles R. Wiggington, Sr. has developed absolutely nothing nothing that will spur the development of new business and increase membership, in great part because he doesn't comprehend marketing and has little understanding about the wants and needs of the culturally diverse marketplaces served by Priority One Credit Union.
President Wiggington has shown that he is not a participant in delving out solutions to the problems he created. He's just going along for the ride, hoping that someone else is going to do the work needed to resolve the widespread damage he alone created.
Apparently, his only talent is to boast and brag and fabricate stories of non-existent growth and prosperity that he hopes in earnest, people will buy into at face value.
A MEMBER COMPLAINS
Since publication of our first post, we've often witnessed the President and members of the Board of Directors and the executive sector, react adversely to our reports. One of his first responses to our reports was to violate state law and order that Monthly Income Statements not be posted at any of the credit union's branches. He succeeded in not posting the statements for March, April and May, but two complaints filed with the DFI by the same member eventually forced the President to resume posting of the monthly financial statements. Of course, if business were thriving as asserted by the President, then there would have been no psychological need for him to hide the statements.
President Wiggington's addiction to lying was again attested to in how he chose to respond to the DFI. The initial letter received from the DFI was responded to by the President who simply denied the allegations and wrote that all of the statements had been posted on each and every month. This was a lie.
Several weeks later, the President received a second letter from the DFI which reminded him that under state law, he must post the credit union's Monthly Income Statements both, at every branch and in a conspicuous location which allow easy access to the information.
This time, the President deferred the letter to COO, Beatrice Walker, for response. We understand that at the time, the President was furious and even complained that the DFI "should get off my back." Ms. Walker wasn't discombobulated, but she was nervous because she knew he ordered, in defiance to state law, that the statements not be posted. Furthermore, he was dragging her into a situation he created. Nonetheless, she followed his instructions and composed a response. However, for some inexplicable reason, the credit union was unable to issue its response within the thirty (30) days allotted by the DFI. So, Ms. Walker requested an extension and was provided an additional twenty (20) days in which to submit her written response.
So why would the credit union require a total of fifty (50) days in which to compose a response to what really was a simple inquiry by the DFI. Wouldn't providing a simple information accompanied by evidence have served to exonerate the credit union of all alleged wrong doing?
Days before a response was sent to the DFI, President Wiggington conferred with AVP, Rodger Smock, in the South Pasadena employee lounge room and told the AVP that neither of them should be involved in writing a response to the DFI's inquiry and suggested the entire matter be deferred to the COO. So why was the President so adamant that neither he or his number one lackey be involved in formulating a response?
It's also important to note, that the President refused to post the Monthly Income Statements for March, April and May 2009. Ms. Walker did not start working at the credit union until June 1, 2009. Subsequently, the incident was created by President Wiggington months before Ms. Walker started working at the credit union. So why did he deem it appropriate to defer the DFI's letter to her for response? Since she was not an employee of the credit union when the incident first began, why would she be expected to provide information she had no knowledge of?
THE RESPONSE
In her letter dated August 11, 2009, Ms. Walker states that the Monthly Financial Statements for "March and perhaps April 2009" had not been posted due to "industry-wide events."
Her response is inaccurate and inconsistent with the facts. Statements were not posted for the months of March, April and May 2009. The April 2009 Monthly Income Statement was never posted, dispelling her statement that "perhaps" that statement was not posted. Furthermore, why did Ms. Walker omit all references to the Monthly Income Statement for the month of May 2009 from her response?
Unfortunately, when provided with an opportunity to be forthright, Ms. Walker chose what was politically advantageous which in this case was placating the dishonest and law-breaking President.
And what are the specific "industry-wide events" that prompted the President to order that Monthly Income Statements not be posted?
In her letter, Ms. Walker states that on March 20, 2009, the NCUA ordered Priority One "write down their ventures" formerly conducted with Wescorp. As many people know, Wescorp entered into a conservatorship earlier this year. According to Ms. Walker, the "ventures" were to be reported to the NCUA by April 23, 2009. So does her response reasonably explain why the President issued a directive in the month of March 2009, ordering that Monthly Income Statements no longer be posted at any branch? Of course, it doesn't.
The President has now resumed posting of the Monthly Income Statements and in response, the DFI has closed the complaint. Unfortunately, the response was saturated in lies, concocted to present an excuse that the DFI might find reasonable. However, the complaint about the refusal of the President to post Monthly Financial Statements was not the only complaint submitted to the DFI regarding the President's purposeful violation of state law. The following is a copy of of a another complaint filed on June 27, 2009, by another member and proves that the credit union had withheld posting Monthly Income Statements for the months of March, April and May 2009.
Sent: Sat 6/27/2009 8:37 PM
To: Consumer Account
Subject: Violation of Calif Code of Regulations, Title 10, Chapter 1, Section 30.701(c)
I am a member of Priority One Credit Union and am filing this complaint regarding refusal by Priority One to either post its monthly financials for public view and have refused to post instructions either in a conspicuous or inconspicuous, easily accessible area to members. This has been ongoing since March 2009 and is a violation of California Code of Regulations, Title 10, Chapter 1, Section 30.701(c). Thank you.
The complaint places a crimp in Ms. Walker's story. The member's complaint is dated June 27, 2009, indicating that Monthly Income Statement had not yet been posted on the date the complaint was filed.
Ms Walker's response serves as evidence she lied. She states that March's statement had not been posted and "perhaps" the statement for April though the member's complaint, which was filed on June 27, 2009, clearly proves the April and May statements had not been posted.
Ms. Walker's August 2009 response is also inconsistent with information provided by the President to the DFI on July 1, 2009. The information provided to the DFI by the President is shown, below:
From: Consumer Account Consumer@DFI.CA.GOV
Subject: RE: Violation of Calif Code of Regulations, Title 10, Chapter 1, Section 30.701(c)
Date: Wednesday, July 1, 2009, 12:15 AM
The CEO of the Credit Union was contacted, and he stated that the statements are posted at each branch office. He did mention that there was a problem at their Valencia office recently where the current statements had not been posted and what was posted was stale dated. He indicated that this was corrected and the manager of that location was informed that the financials were to be posted as soon as they were received. He also stated that you may request copies of past financial statements, if you like.
If you would like to file a complaint against the Credit Union, please let us know.
Thank you,
Consumer Services Office
California Department of Financial Institutions
1-800-322-0622
So in response to DFI inquiries, the President and his cronies provided the following three different excuses, all which are inconsistent with one another:
- The Monthly Income Statements were posted at all branches
- The March 2009 Monthly Income Statement was not posted and perhaps, neither was April's statement; and
- Due to some unexplained problem, the Monthly Income Statements were not posted at the Valencia branch though these were posted at all other branches.
What's more, members calling the credit union during the months of March, April and May were told by employees answering the phones that President Wiggington had not issued Monthly Income Statements to any of the branches further dispelling that it was only the Valencia branch that did not post the statements.
Additionally, in his July 1, 2009, statement to the DFI, President Wiggington states that the statements for the months of March, April and May were not posted at the Valencia branch but had been posted at all other branches. This seems peculiar, because in her August 11, 2009, letter to the DFI, Ms. Walker states that the March statement was not posted at any branch and perhaps, also not posted during the month of April 2009.
So what version of the credit union's excuses do you find most believable?
TERMINATIONS
We recently received an email advising us that a Branch Manager of the credit union has recently denied that four (4) employees were laid-off by the credit union. It's incredible that the Branch Manager could be so misinformed or has chosen to intentionally distort the truth which would not be unusual at Priority One.
In August, all employees were asked to voluntarily reduce the amount of days worked each month. By voluntarily agreeing to reduce the amount of hours they work, employees would help the credit union save money. The credit union's plan to reduce spending did not ask any executive to voluntarily and temporarily, agree to to a reduction in salary.
Several employees agreed to work less hours without pay and were thanked by the President during the September 8, 2009 all-staff quarterly meeting conducted at the South Pasadena branch.
However, the President and COO, later determined that reduced working hours will not have the necessary financial impact needed to substantially reduce spending and so on Monday, September 14, 2009, four (4) employees were laid-off. On September 15, 2009, notice of the terminations was posted by Beatrice Walker on the credit union's Intranet. According to Ms. Walker, the terminations were part of an aggressive effort to reduce spending.
Hopefully, this information will help clarify the Branch Manager's apparent confusion.
As we've said in a prior post, Charles R. Wiggington, Sr., may not be an adept liar but he is a liar. With regards to the complaints filed with the DFI, he had absolutely no qualms about
fabricating lies but his excuses were inconsistent with one another and inconsistent with the story concocted by COO, Beatrice Walker. You'd think that these two have conferred with one another before providing the DFI with different versions of what supposedly happened with the Monthly Income Statements for the months of March, April and May 2009.
There is no argument that Charles R. Wiggington,Sr. is the cause of Priority One's financial problems. He single handedly created the dynamic of loss which has left the credit union floundering in the RED. And though he'll never admit that he is the cause of the credit union's problems, on some level he is aware of his culpability, otherwise why find it necessary to lie, to find scapegoats to blame for his blunders, and why make daily treks through the main branch, insisting to employees that business is great? Clearly, as attested to by the credit union's own Monthly Income Statements, business isn't great- it's awful. Never has Priority One sustained this amount of losses at any time since it's founding in 1926?
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57 comments:
A stupid president. A lousy leader.
A big mouth. A back stabber. A low life ghetto baby. A liar. Who would
have thought.
The employees are so unhappy but Wiggington doesn't care. Morale is shot and all he does is sit in the lunch room eating and reading the paper. He doesn't care and it shows. Just so sad.
What about the branch managers?
Is there a manager worth while for this organization?
How are they hanging in there with this situation
Anonymous except for 2 branch managers, the rest are useless and ignorant. The same can be said about the assistant branch manager at South Pasadena who is stupid and a control freak but protected by Rodger who she visits on weekends. The lead loan officer at South Pasadena is the laziest most useless piece of crap you'll ever meet. She has the highest error ratio. For years she takes more than 1 hour lunches each day and d 2 to 3 breaks a day each 30 or more minutes long. She also corrects her staff when she thinks they are taking breaks that are too long.
Except for one avp all the others are useless and hand picked by
that idiot, Wiggington. The last 2 weeks Wiggington spends the first hour in the lounge room reading the paper and eating. Then he goes to his office and talks so loud you can hear him if your in credit resolutions and in the lounge room. The guy has the biggest mouth in the world. He spends his days plotting employee terminations.
You don't blame the COO for what she put in her letter but why wouldn't she confirm what Wiggington told her to write? Even if she was told what to write, she should have done her homework. I'm sure she would expect no less from her staff.
Who are those two managers that are acceptable by you?
I hear very good things about one branch in particular-the valencia one.... they sure have a team together and engaged so i hear.
I meant the LAPDC and Burbank Managers.
How would the COO know what happened in March or April? So you know Wiggs told her what to put in the letter. What a coward and a low life.
Where did Baldy and Bed Head go today? Date? ugh!
Why was wiggington talking so loud today? you could hear him in the lunch room. Why doesn't he close the door or just SHUT THE HELL UP.
Back in March wasn't the COO getting fired from another CU?
Which one is worse? the CEO who is the biggest liar and afraid to write his own letter. Or the COO who knows this is a lie and goes along with it? If you ask me they both crawl from under there rock to come to work. Both should rot in hell and take Rodger with you.
Gema and Lynnette SUCK!
LAPDC? you mean the Ghetto branch?
Whats up with the IT department? everyone has a sour look on their faces.
The only one with a sour face is Theresa Castro.
I wonder how the branches are doing?
COO-not sure whats going on with her. I saw her yesterday leaving in a hurry to a meeting in valencia. Valencia?
You people are pathetic. You work
together and you keep talking crap about each other. Its like a uncivil war. You anonymous people are too funny and PATHETIC. I'm sure all you anonymous people have skeletons in your work closet. Ha Ha Ha
Look in the mirror Salitri. Yeah Salitri, like that's your real name. And you're talking about everyone who posts and who probably have a legitimate reasons for posting. So how are you different. Ha, ha (pathetic, how old you? 10).
I know who Salitri is. She has a shit load of skelatons in her closet. Looks more like a cemetary than a closet.
Irtilas. is Salitri written backwards. Funny and clever.
The only one pathetic is you salitri, you probably served in the civil war. Anonymous is a improved over 'salitri'. Kiss my ass freak!
Wiggy doesn't have sour face, he's still smiling like he doesn't have a care in the world.
Lynette at LAPDC and Linda at Burbank are the worst. Lynette has been at the cu since she was 18 yet she still calls the South Pasadena office always asking the same questions about the same procedures. She is an AVP but won’t surrender the branch manager desk. She also was bramch mgr when one of her employees embezzled $55,000. Why didn't she make sure security procedures were followed? Linda micro manages and treats her employees with disrespect thats probably why she has such high turnover. She also funded a few loans back in 2008 for a dealer who it turns out, didn't exist. The cu lost a lot of money and though other employees have been fired for far less losses, Charles kept her. She also won't leave her office to visit businesses in Burbank and try to help the cu get new business. On top of everything she is also a control freak.
Suzanna at Valencia and Cecilia at Van Nuys are really wonderful branch managers. They are competent, professional, and liked. The most competent AVP is Jodi Hurst in Redlands and her staff is also great.
At South Pasadena, Virginia Contreras is a monster. She is the most horrible person you would ever meet. She's mean, rude and micro manages but she is also really dumb! I think she abuses employees because she knows she's not competent.
As for Georgina, she is the worst abuser at P1. Wiggington and her mgr, Patti Loiacano, know it and over the years HR has gotten so many employee complaints about how she abuses policy and staff. When Aaron was there, they would leave the office for 2 to 3 hours to go and drink at the Santa Anita mall. That was in addition to her more than 1 hour lunch. For years she has taken 2 to 3 breaks a day all between 30 and 40 minutes long. She used to have people clock her in when they had a time clock and now she has people sign her in on the computer whenever she is going to take more than a 1 hour lunch. Yes its fraud and the cu knows it but because she is protected by Charles and Rodger, it is okay. Anyone who doesn’t think managers set the tone for the cu has not looked at P1.
The sour faces are due to stoopid leadership.
Theresa gets so many compliments from members and is well liked by co-workers. If she doesn't look happy then she probably resembles most of the employees at the credit union. After all Charles wrecks people's hopes and dreams and all he knows how to do is sour anything he comes in contact with. Im not being too shy, am I?
Salitri is a theatre in Portugal.The comment probably came from Bea.
It is sad that employees are so angry and negative but the cause of the problem is Charles. The man Wiggington walks around with an arrogant attitude, ignoring employees he doesn't like, talking horribly about those he thinks are not performing up to par, and not doing a damn thing to save the credit union. Gee, could this be the reason why employees are negative and can't seem to find anything positive to say about Priority 1? The spent over $20,000 to hire Loren who profiled employees. What a great way to waste money. They guy also seems shady. He's a friend of Bea's and says he will keep everything confidential that employees tell him. If its going to be confidential why is he typing everything he is told on his laptop. And why does he keep asking employees about the poor morale. Don't ask 1 employee about how everyone feels, ask everyone. I think he is overpaid, not that smart and he is only there to out employees.
Salitri is not your real name and your comment is as uncivil as those you are trying to put down. How can mock anyone who posts using the name anonymous? If you used your real name then your stupid opinion might actually mean something- though it would still be stupid.
The credit union is doing so bad- few loans and few new members but Wiggington is still not doing a damn thing. For people who don't work at South Pasadena, they probably don't believe that all he does is talk on his cellular all day long on personal phone calls. Almost everyone at the main office has heard him. The other day I heard him say he spends time visiting post offices.Bull Sh-t. He never visits post offices. You can ask anyone working at any post office in LA, SFV and SCV. They will tell you he hasn't been there. Plus the way he talks, the way he dresses, the way he carries himself, most employees are ashamed of him. Even at the xmas parties, a lot of employees don't introduce their boyfriends, girlfriends, their wives, their husbands to him because they are embarassed. Its nice to see that while the credit union sinks he's still comfortable just sitting his fat ass in his office making everything worse and talkng about the people who actually do the work and all who have more knowledge in one finger than he has in his whole big body. And he gets a big fat paycheck to do nothing. Salitiri you're right, he's "PATHETIC."
The comments and even this blog don't even come close to describing how bad things really are at Prioriy.
Wiggington lying to the DFI. I think I would be shocked if he told them the truth. He used to lie to when we worked at Security. I guess some things never change.
This time I am saving my negative comments about charles and exploding on Lynnette. She is the worst AVP/Manager at Priority One. All she does is sit at that desk on secret phone calls with Charles putting down employees. She is a hypocrite, a phony, unintelligent, ghetto,jealos hearted, superficial, and VERY UGLY both inside and out!
She has worked for a 100 years and still have to call main office on procedres she should have learned years ago. How does she expect her employess to know simple procedures when she doesn't know.
Then she want to say her branch is the best... Best at what? suckin up to her Gary Coleman looking ass!
"Salitri is a theatre in Portugal.The comment probably came from Bea."
Didn't she already make herself look bad and stupid at the employee meeting? Now shes going to come here and talk sh#t? She needs to shut up, her turn to be bad mouth my wiggs is coming. Hope she doesn't start crying.
I don't trust Bea. She was at Applebee's weeks BEFORE she got hired so that story she told during the company meeting that she answered an ad was a stupid excuse as almost all the staff knows they were seen together. Is she Wigg's girlfriend? We all know he talks about women like he's not married. Then she brings Loren in. Even Loren says there friends. And then he tries to ask questions like "you can trust me, tell me how you feel" or "do you know why employees are unhappy" and "I won't tell them but whose complaining." No one is dumb enough to trust him and since a lot of us don't trust him why would he trust his friend Bea?
She came in on a lie and then stood up and lied in front of the employees while looking like a jiggy mess. So you should never trust her, the only manager you could trust is Manny.
Has anyone heard anything about the election?
No. Its like they don't want people to know- yet, what the results are. I just wonder, how do any of us know if they counted the ballots fairly or if they threw away those which voted for David Davidsion?
A lot of us knew when Wiggington hired David Davidson that it was so he would not run on the board and so he could more easily terminate Mr. Davidson. He did exactly that because he could not keep his big mouth shut and told people his plan even before he hired Mr. Davidson. He so wanted Mr. Davidson out. I bet Mr. Davidson lost the election and if he did, is that another coincidence? Doubt it. Wiggington is a snake.
Maybe David Davidson won and wiggington is keeping quite. Lets hope David Davidson won and maybe the P1 came have someone with some smarts and not the dumb asses that are there now.
David Davidson is what the cu needs not the 2 that were already on the board who are useless like Diedra. And I think Mr Thomas the guy from postal credit union was really cleve to introduce a candidate to try and take some of the votes away from Dave Davidson. Diedra and some of the board plotted this election. See how long it took and see how we're still waiting for the results. She's as big a crook as Wiggington.
Look at whats happening with the credit union and you know the board and supervisory committee are useless hacks.
Bea knew Wigg before she got hired but she told the staff she answered an ad. I guess she got confused with some personal ad she answered. Then she tells everyone that someone said she embezzled money. That's a lie because no ever heard a rumor she stole money. Makes me wonder why she was trying to get us to feel sorry for her. Then she followed that bit with some fake tears. She's a drama queen just what everyone at P1 needs. She's starting to resemble Wiggington. I guess when finances are bad and morale is horrible hire another liar.
Under that fake smile you can tell she's one mean bitch! After she fires a few more employees I'm sure she will get a nice bonus from Wiggington. After all she's doing his dirty work.
Senior mgmt asks we be completely open and tell them what we feel and think but when you do you get black balled and are never treated the same. You would be stupid to trust any of them or that Loren.
I JUST FOUND OUT ABOUT HIS BLOG AND IT'S CRAZY, MY GOODNESS!!!
IF YOU DONT LIKE THE COMPANY YOU WORK FOR MOVE!!! LEAVE THE CEO, COO AND EXECUTIVE TEAM ALONE. IM SURE THEY'RE BUSY AND I DON'T THINK THIS IS HEALTHY. THERE ISN’T A PERFECT COMPANY. I LIKE PRIORITY ONE A LOT, YEAH IT NEEDS TO HIRE OR TRAIN EXISTING PEOPLE, YOU’RE RIGHT!!!! ESPECIALLY SOUTH PASADENA BRANCH, BUT THAT DOES NOT MEAN PRIORITY ONE AND THEIR EMPLOYEES SUCK. I BET YOU YOU’RE AN EMPLOYEE AND IF YOU’RE BAD MOUTHING THE COMPANY IT MEANS YOU SUCK AS WELL.
YOU GUYS ARE PATHETIC, LEAVE POCU ALONE.
You sound very childish and high, just say nope to dope.
MAYBE.. YOU
THANK GOODNESS I'M NOT AN EMPLOYEE OF A COMPANY WHO HAVE THIS KIND OF PEOPLE LIKE YOU
@ the all CAPS Anonymous:
First, stop with the all CAPS! Not only is it hard to read but it's the Internet equivalent of SCREAMING!
Second, perhaps there is a little too much negativity here and perhaps that in itself feeds on everything else, but guess what..it wasn't the staff that drove P1 into the ground. It was Wiggy backed by an ignorant board and it is all verifiable by the financials. P1 is hemorrhaging money and they will not be around much longer at this rate...by the end of July they had lost over $4,000,000 and you think the employees are pathetic? You're missing the point big time, the staff has every right to be bitter because their boss will ultimately cost them their job.
Third: I'm not an employee and never have been but it doesn't take a rocket scientist to know P1 has been grossly mismanaged.
Anonymous wrote:
" JUST FOUND OUT ABOUT HIS BLOG AND IT'S CRAZY, MY GOODNESS!!!"
You didn't just find out of this blog. Yours using CAPS and too emotional to be anyone other than a mananger or member of the board.
"IF YOU DONT LIKE THE COMPANY YOU WORK FOR MOVE!!!"
First, why don't you learn to read you ignorant jackass. The complaints are made by people who care about the credit union and who are afraid that Wiggington is going to destroy it and their jobs.
"LEAVE THE CEO, COO AND EXECUTIVE TEAM ALONE. IM SURE THEY'RE BUSY AND I DON'T THINK THIS IS HEALTHY. THERE ISN’T A PERFECT COMPANY. I LIKE PRIORITY ONE A LOT, YEAH IT NEEDS TO HIRE OR TRAIN EXISTING PEOPLE, YOU’RE RIGHT!!!!"
You may "like" Priority One but employees "love" Priority One. The president has proven he can't lead and his sexual harassment and taking a member's car should have got him fired but the dishonest board doesn't want to lose one of their own.
"ESPECIALLY SOUTH PASADENA BRANCH, BUT THAT DOES NOT MEAN PRIORITY ONE AND THEIR EMPLOYEES SUCK."
Your post sucks. By the way is your vocabulary that limited that you have to use the word "suck"?
"I BET YOU YOU’RE AN EMPLOYEE AND IF YOU’RE BAD MOUTHING THE COMPANY IT MEANS YOU SUCK AS WELL. YOU GUYS ARE PATHETIC, LEAVE POCU ALONE."
I bet your a manager or a board member which means you are also the cause for Priority's losses. That makes you pathetic so leave the hard working employees alone. And next time sign your real name. You know, Diedra, Patti, Bea or whoever it is you are stupid!
Ignore the poster who wrote in CAPS. What they wrote attests to someone who is not well educated and who doesn't comprehend. Ignorant is as ignorant does.
To the all CAPS person:
You're glad you're not a employee and I'M GLAD YOU'RE NOT A EMPLOYEE!
The CAPS person is an idiot.
So, let's switch gears...has Wiggy and company posted the September financials and if so how did they do?
Or should I say how much did they lose?
And, if there is an employee from P1 who works in/with collections what's the story? Are DQs rising, holding steady or (hard to believe under Wiggys management) falling?
The financials were released on Tuesday but I haven't seen them yet. I was told they lost more money and that delinquencies are increasing plus loans are down again.
Its doubtful some one from collections will post on this blog because understandably, their boss Yvonne is tight with management.
Wigg has actually done something that he thinks is smart. He's not doing any work and letting his COO do it all. I was told by a friend of one member of the board that he hopes this will take attention away from him him and if some mistake occur or the company loses more money, then he can blame her.
So lately he spends day after day doing little if anything except talking a lot and loudly on is cellular to his aunt,Diedra, his uncle, Diedra, his buddy, Diedra. He talks to Diedra a lot each day.
Really makes one wonder why have a president who doesn't do anything? If the COO is doing all the work then keep her and fire him. That should gain the cu another $100,000or more each year and it will have someone at the help who is actually trying to help the cu.
So when are financils going to be posted on this blog?
I heard the financials are bad.
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