The Upcoming Annual Meeting
Priority One Credit Union's annual meeting is scheduled to take place on Wednesday, May 27, 2009, at 6 p.m. at the main branch located at 1631 Huntington Drive, South Pasadena, CA 91030. We urge members who still care about the credit union's future to attend the gatherings. Every member should be concerned that President Wiggington has yet to post March's Income Statement which means, the credit union is again, out of compliance.
The President recently told some employees in the South Pasadena branch that he and Board Chair, Diedra Harris-Brooks, are upset by disclosures made on this blog suggesting that the President's refusal to post March's Income Statement is nothing more than one of his infamous hissy fits.
Last Wednesday, we received an email from an employee that the Board of Directors and Supervisory Committee have escalated their efforts to protect President Wiggington and have joined him in trying to hide all records showing that Priority One is experiencing tremendous losses of its Net Income.
Apparently, the President, the Directors and the Supervisors can't fathom that this blog could never exist without President Wiggington. Not only was it his public abuses that brought us into existence but it is his inability to refrain from divulging confidential information that is the fodder that fuels our posts.
The fact that the Board continues to protect him isn't a surprise. In 2008, Diedra Harris-Brooks, led Directors, O. Glen Saffold and Thomas Gathers and Supervisory
Committee Chair, Cornelia Simmons, into ignoring documented evidence that President Wiggington had indeed spent years sexually harassing a former employee. What's more, Mrs. Harris-Brooks ignored the investigators recommendation that President Wiggington be terminated. If the Board covered up the President's violation of federal law, why would we be surprised that they would defend him in any other abuses he's perpetrated?
And the fact is, under Charles R. Wiggington, Sr., Mrs. Harris-Brooks has far exceeded the perimeters of her state-mandated role as Chairperson. She never schedules appointments to visit the main branch. While at the branch, she interrupts closed door meetings. She has taken control over advertising and even personnel issues. She is for all intents and purposes the real CEO of the credit union while President Wiggington is an emasculated puppet. Believe us, we understand why she wants her position on the Board to remain intact.
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6 comments:
John, yes i agree with you that Wigs himself gave himself away due to his BIG MOUTH BRAGGING about all his bmw's.If he would of been a little discrete about his sneaky plan of taking the bmw from mr. wafa he would of probably gotten away with it.I am very happy that he has a big mouth, if he didn't we would not have known all of his illegal activities. Why is he and Deidra crying wolf now?? you want to have a big mouth and commit fraud for your own company that you are supposed to be protecting, now you suffer the consequences.Deidra, you are a big FOOL!!! Are you blind?? all of the information provided in this blog are facts! documentation has already been collected AS PROOF of all of the mentioned illegal activities commited by Wiggs and the mentioned employees.Both CURRENT EMPLOYEES and ex-employees have been very cooperative in obtaining this important information. What else do you need Deidra,you and your Board of Directors are a JOKE, YOU ARE NOT PROTECTING THE CREDIT UNION NOR TAKING CARE OF THE PROBLEM A CRIMINAL(WIGGINGTON)!!WAKE UP!
John, i want to provide you with some more important information regarding credit resolutions!
This is a Good One, Wiggs is going to piss in his pants when this information is exposed in this blog.
I received the data from a former employee and have the documentation. I would like to send it to you.
The reason Diedra never got her way with Mr. Harris is because he stopped her and reminded her what her limits were. She knew her place but Wiggington the Bully, has pussed out and allows her to treat him like her servant. Congratulations Diedra for leashing you dog!
I met with Diedra back in 2008 and told her about things Wiggington was doing that were illegal. I also told her that he doesn't report the delinquencies so that what appears on public record is not correct. He stale dates things. She knows this and a lot more but after getting the information from me, she did nothing.
If Sir Charles is falisifying Delinquency Data then he is committing a criminal act.
Intentionally changing due dates to cover up delinquency should be prosecuted. Is he masking delinquency data to hide the true Deliquency figures and ratios from the regulators. If this is true he needs to be exposed before the scheduled examination. Both the DFI and NCUA should be notified with proof of the defalcations.
Yikes! The first qtr. numbers are up at the NCUA site and it is not pretty:
YTD Loss before the NCUSIF Stabilization expense:
$2,198,797
NCUSIF Stab Exp: $1, 271,678
Total loss YTD:$3,470,435 and there are still 9 months left!!
And, capital (reserves) has dropped from $16,708,007 to $13,237,571.
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