The SchoolsFirst board of directors has again made it impossible for any of its over one million members to be elected to its board of directors. Setting a requirement to obtain 500 signatures to appear on the ballot and then having the ability to decline a petitioner is how the board has operated for decades.
Tag: SchoolsFirst Federal Credit Union
Posted inCommunity Opinion
Resnick: SchoolsFirst Board Continues to Operate Without Transparency or Accountability
The SchoolsFirst Board of Directors continue to operate in the dark ignoring their 1.2 million member-owners. They have failed for years to conduct elections and resort to self-appointing themselves or those they choose to serve. Their activities on behalf of the member-owners including world travel and benefits are kept secret.
Posted inCommunity Opinion
Resnick: SchoolsFirst’s Cheney…More Excuses Why His Board Will Not Diversify
Requests for the SchoolsFirst board to diversify have been ignored and CEO Bill Cheney’s promises to do so have gone nowhere. It’s clear now the board of OC’s largest financial institution has no intention to diversify as Mr. Cheney continues to stand by them.
Posted inCommunity Opinion
Resnick: It’s Time for SchoolsFirst CEO Bill Cheney to Resign
After a year of excuses and hollow promises covering-up for the failure of the SchoolsFirst board to recognize diversity, it’s time for CEO Bill Cheney to resign.
Posted inCommunity Opinion
Resnick: SchoolsFirst…Democracy Last
SchoolsFirst Federal Credit Union is the largest financial institution in Orange County. Credit unions are known as cooperatives – democratic organizations owned and controlled by its members. The board members of SchoolsFirst seem to believe they are exempt from the democratic process.
Posted inCommunity Opinion
Resnick: SchoolsFirst…Leadership Last
Following the editorial, SchoolsFirst…Diversity Last, the leadership of Orange County’s largest financial institution, SchoolsFirst Federal Credit Union responded in national trade publications and the OC Register with unusual excuses why their 13 member board, which does not include a person of color is actually diversified.
