METROEAST CHAPTER OF CREDIT UNIONS
EXECUTIVE COMMITTEE MEETING MINUTES
March 2, 2006

The regular meeting of the EXECUTIVE COMMITTEE of the METROEAST CHAPTER OF CREDIT UNIONS was called to order by Chairperson Roger Quitter at 8:45 AM on March 2, 2006 at Michigan Schools and Government Credit Union.

PRESENT:
Roger Quitter, Drema Isaac, Jim Shereda, Larry Philippi, Fran Pierce, James Safian, Martin Carter, Gail Hernalsteen, Lisa Pionk, Bonny Bileti

COMMITTEE MEMBERS EXCUSED:
Dave Rauch. Jill Trebilcock, Nate Vinson

GUEST PRESENT
Patty Campbell, Vicky McIntosh, Ron Martin

PREVIOUS MEETING MINUTES:
Motion was made by Drema Isaac and seconded by Larry Philippi to approve the minutes from the Executive Committee Meeting held on February 9, 2006, as revised.Motion Carried.

TREASURER’S REPORT:
January, 2006 and February, 2006 Treasurer’s Report was presented by Fran Pierce.She also submitted a summary recap of expenses and receipts for 2005.Motion was made by Larry Philippi and seconded by Drema Isaac to approve the Treasurer’s Report as submitted.Motion Carried.

PROGRAM AND EVENTS:
Patty Campbell reported that February 2006 events were well attended.Plans continue for the schedule of events for the remainder of the year.

LEGISLATIVE FORUM REPRESENTATIVE:
Jim Shereda reported on the upcoming State Governmental Affairs Conference in Lansing, Dan Mica is the Keynote Speaker.Dreema Isaac reported on the G.A.C. in Washington D.C.; Dreema and Roger Quitter met with Congressman Sander Leven and Congresswoman Candice Miller while there and had some informal discussions.The feeling is that the credit union tax exemption is not a top priority for the Legislature at this time.Also, Legislative Breakfast is scheduled for March 20, 2006 at Christian Financial Credit Union; All Credit Union’s are encouraged to attend.

COOPERATIVE ADVERTISING FORUM:
Roger Quitter reported that we are in the last two weeks of the fund raising drive.All credit union’s are encouraged to donate in they have not already done so, even if a full contribution cannot be made.Roger asked if an individual is willing to volunteer as Forum Representative for the next two years.Roger will serve again if no one is willing to volunteer.Gail Hernalsteen remains as the backup.

MCUL REPRESENTATIVE:
Ron Martin distributed Regulatory and Compliance Consulting Service brochures, which is a new service from CUCorp.Nancy Short was hired as a Political Affairs Coordinator by the MCUL replacing Todd Stabenow.A.C. & E. online registration starts March 13.The A.C. & E. is in Grand Rapids this year, May 18 – 20.Ron also reported on his hurricane relief efforts in New Orleans with the Red Cross this past January.

MCUL DIRECTOR:
Vicky McIntosh reported that the MCUL Board met February 14 to discuss policy pricing revision to account for overages of educational sessions within parameters.Also discussed the DFCU Financial situation and the recent lawsuit filing; next special Board Meeting is March 7, 2006 to discuss the DFCU Financial situation.Discussed new national advocacy group formation “Center for Member Trust” and the possibility of donating to the group $20,000 from the MCUL and $20,000 from CUCorp.Our consensus as an Executive Committee was to donate.Motion was made by Lisa Pionk and seconded by Drema Isaac to donate.Motion carried with one exception.

CHAIRMAN’S REPORT:
Roger Quitter has a preliminary contract for the Chapter Golf Outing but it needs to be revised before further discussion and for acceptance.

OTHER MOTIONS
N/A

OLD BUSINESS:
N/A

NEW BUSINESS:N/A

NEXT MEETING:
April 5, 2006, 6:00 pm as part of the Annual Meeting at the Gazebo.

NOTES

Planning Session

 Reviewed goals from 2004, not revised in 2005.

1. 50% participation from CUs at Chapter Events
2. 80% of the State PAC fundraising goals should be reached.

 Discussed new methods of raising PAC funds, such as; bowling, golf outing, bingo, silent auctions, 50/50.

Discussed offering free educational session coupons for non-participating credit unions to get them involved in Chapter activities; also the low acceptance of S.A.S. Scholarship Program participation was discussed.

Event pricing philosophy discussions resulted in the consensus that we should hold the line for 2006 event pricing.

2007 Planning Session will be held in November, 2006.

ADJOURNMENT:
Motion was made by Lisa Pionk and seconded by Bonny Bileti to adjourn this meeting at 11:00 AM.Motion carried.

________________________________           _________________________________
Roger Quitter, Chairperson                            James Safian, Secretary