Metroeast Chapter of Credit Unions
Executive Committee Meeting Minutes
August 3, 2006

The regular meeting of the EXECUTIVE COMMITTEE of the METRO EAST CHAPTER OF CREDIT UNIONS was called to order by Chairperson Roger Quitter at 8:37 AM on August 3, 2006 at Michigan Schools and Government CU, Clinton Township, MI.

PRESENT: 
Roger Quitter, Fran Pierce, Lisa Pionk, Bonny Bileti, Jim Shereda, Jill Trebilcock, Dave Rauch, Vicky McIntosh

COMMITTEE MEMBERS EXCUSED: 
Martin Carter, Drema Isaac, James Safian, Nate Vinson, Gail Hernalsteen

GUEST PRESENT
Patty Campbell, Sean Smith

PREVIOUS MEETING MINUTES:
Motion was made by Dave Rauch and seconded by Bonny Bileti to approve the minutes from the Executive Committee Meeting held on June 1, 2006.  Motion Carried.   

TREASURER'S REPORT:
June 2006 and July 2006 Treasurer's Reports were presented by Fran Pierce.   Motion was made by Bonny Bileti and seconded by Dave Rauch to approve the Treasurer's Reports as submitted.  Motion Carried.

PROGRAM AND EVENTS:
Jill Trebilcock reported that the bowling event scheduled for August 8, 2006 had about 50 people registered to attend and that they could accommodate up to 80; Patty Campbell reported on the preparations for the September 11 golf outing;  Roger Quitter discussed the door prizes and participating vendors for the outing;  Patty also discussed the remaining events scheduled for 2006.

LEGISLATIVE FORUM REPRESENTATIVE:
Jim Shereda reported on the Federal and State PAC fund balances and goals; Jim also discussed the Grand Raffle.

Michigan CU Brand Campaign:
Roger Quitter discussed the current radio ads running in the Detroit market; Roger also discussed the renewal of the Ad agency for the Brand Campaign; Vicky McIntosh brought up matching funds from the league and discussion ensued about the formula used for credit union contributions.

MCUL REPRESENTATIVE:
No Report, Ron Martin not present.

MCUL DIRECTOR:
Vicky McIntosh discussed the MCUL Board Meeting on June 28; Candidate endorsements were approved at the last meeting; Also discussed pro's and cons to official endorsements; The league building is up for sale, the league is looking to have a greater presence in Lansing; CUCorp may remain in Plymouth/Novi area.  Any offer of purchase would be submitted to the League and CuCorp Boards for approval.

CHAIRMAN'S REPORT:
Roger Quitter reported a change of personnel at the March of Dimes; Roger noted mixed feed back about merger discussions with the Blue Water Chapter, mostly due to logistics, meeting times, etc.; The Executive Committee discussed making a charitable contribution on behalf of Larry Philippi to one of his favorite charities and also recognizing Larry's years of service to the CU movement and to the Metro East Chapter of CUs, ideas will be presented at the next committee meeting.

OTHER MOTIONS
N/A

OLD BUSINESS:
N/A

NEW BUSINESS:
Vicky McIntosh discussed with the committee the current regulatory environment concerning information technology and security; Vicky had meetings with Dave Adams (MCUL) and Linda Waters (OFIS) about information technology and security; Patti Campbell will look into setting up an education session, in the near future, on the topic(s); Bonny Bileti discussed, and was seeking information on, the newer IRS form for “Unrelated Business Income.”

NEXT MEETING:
September 7, 2006.  Location to be determined.

NOTES

ADJOURNMENT:
Motion was made by Lisa Pionk and seconded by Bonny Bileti to adjourn this meeting at 10:10 am.  Motion carried.

_______________________________             ________________________________
Roger Quitter, Chairperson                             James Safian, Secretary