Conference 7.286::maynard

Could you give us some background? Presumably these special meetings are
related to the announcement that DCU will be imposing fees on many checking
accounts. Who called these meetings? Who from DCU will be there? What is
the purpose of these meetings? 

Thanks!!


Liz

    
    RE: .1
    
    These are NOT DCU meetings.  This is an effort to gather enough
    signatures  to require the DCU Executive Officer to call a special
    meeting of DCU members.  Please see BEIRUT::DCU for more information.
    KP7, etc.

    
    [Permission to forward and re-post this note is granted.
     Please be aware of the fact that many of the statements and
     evaluations contained in this reply are my personal statements and
     evaluations.]


    WE, DCU MEMBERS, HAVE ACHIEVED A VICTORY!  There is NO other
    description for it.  While it is only a temporary reprieve from
    checking fees, WE HAVE MADE A DIFFERENCE.  I am thrilled to see the new
    DCU president agrees with our position, for now.  I am very
    disappointed the BoD did not realize their mistake(s) sooner.  They
    have caused many DCU members much time and trouble to shop around. 
    Some have found better and left DCU already.  Some are in the process
    of leaving.  I will take a lot to get them back as customers, if it is
    even possible.  A real shame because they never wanted to leave in the
    first place.

    We all must continue to do exactly what we are doing, only MORE so. 
    There are more basic problems with DCU than the $2 checking fee.  The
    checking fees are a symptom of a much larger problem; BoD judgement,
    credibility, accountability, priorities, direction and policies.  These
    are the REAL problems we must all work to resolve so we aren't back in 
    the same boat in a year.  Remember, it took the new President of DCU to 
    convince the current BoD of the err of their ways.  He could see our
    side and the folly of the checking fees.  He could convince the BoD to
    reverse itself.  They did not do it because of us and the number of
    people leaving (not that many according to them).  I don't expect the
    BoD to come out and say we are right.  They don't need to.  This action
    is acknowledgement enough.

    One of my concerns with this 3-4 month delay and evaluation period is that
    the new checking fees and 'choices' will reappear as a recommendation
    of the new DCU President, instead of as a recommendation of the BoD. 
    He will still have to convince us why a credit union that made over $4
    million in 1990 WITH FREE CHECKING, needs additional income from new
    fees.

    My second concern is a 3-4 month time period will give many time to 
    forget what has transpired at DCU over the last 5 years.  Time for the 
    storm to blow over.  If we let that happen, then we deserve all that 
    follows.

    Remain WATCHFUL, remain ACTIVE, remain DCU OWNERS.  But in the
    meantime, congratulations to all that contributed to our first victory.

    Phil
    

    
	[Permission to forward and re-post this note is granted.]

							September 17, 1991

	DCU members,

	   I would like to thank all of you who made our special meeting
	petition drive a huge success.  The site volunteers were greeted
	with words of encouragement and thanks by DCU members.  It certainly
	made the experience especially gratifying for the site volunteers.

	   We needed 200 signatures to call a special meeting of DCU members.
	The final signature count was 1220!  We collected *6* times the number
	we required with little or no advance notice or publicity of this
	signature drive.  We owe this all to the enthusiasm and belief of
	many DCU members that things must change at DCU.

	   While we have taken an important step in the calling of a special
	meeting, but it is only the first step.  In order for change to occur
	at DCU, DCU members must attend the special meeting and make things 
	change by exercising their right to vote.  Your vote will never count
	more!  All DCU members may attend the special meeting.  You did not
	have to sign a petition.  If you are a DCU member, I strongly urge you
	to make time to attend the special meeting.  Your credit union will
	only be as good as you make it.

	   The special meeting must be called within 30 days of the delivery
	of the petitions to the DCU executive officer.  Delivery will occur
	today (Sept. 17) at 4 pm.  The special meeting will most likely be
	held in the greater Maynard area.  DCU must notify every DCU member
	of the date, time and place of the special meeting at least 7 days
	prior to the meeting.

	Again, thank you for your overwhelming support.  I hope to see you
	at the special meeting in October.

	Regards,
	Phil Gransewicz
    

    [Permission to forward or post this mail is granted.  However, the
     original mail header and names at the end of the message must be
     retained.  The contents of the mail may be shared with any DCU member.]


							October 16, 1991


	--- DCU Interest List ---

	   If you received this message via forwarding and wish to be added to
	the original distribution list, please send mail to GUFFAW::GRANSEWICZ.
	Please include your location with the request.


	--- DCU Notes File ---

	BEIRUT::DCU 


	--- DCU Special Meeting Announced ---

	   Notice of the special meeting went out in Wednesday's mail and
	some people have received it already.  The text of the letter is
	at the end of this message.  It will be held on Tuesday,
	November 12, 1991 at 7:30pm at the Sheraton Tara Hotel, located
	at 1657 Worcester Road in Framingham, MA.


	--- DCU Special Meeting Attendance ---

	   We will be trying to get a handle on how many people are planning
	on attending the special meeting.  We don't want to run out of seats.
	If currently plan on attending the special meeting, please send mail
	to GUFFAW::GRANSEWICZ stating whether you will be there, might be
	there, or cannot be there.  Also, please note if other family members
	who are not DEC employees are planning on coming with you.


	--- DCU Special Meeting Directions ---
	
	   We will be developing directions for people who don't know where
	it is.  They will be sent in a subsequent message.


	--- DCU Special Meeting Carpools ---

	   We will also try and coordinate car pooling for those who wish
	to do so.  More on this in later messages also.


        Regards,
        Phil Gransewicz & Members of the DCU Special Meeting Committee



    		Notice of Special Meeting
    
    	PLEASE TAKE NOTICE that on November 12, 1991 at 7:30pm at the
    Sheraton Tara Hotel, located at 1657 Worcester Road in Framingham, MA,
    a Special Meeting of the membership will be held to consider the
    following items:
    
    	A. Call to Order and Introductions
    
    	B. Ascertainment that a quorum is present.
    
    	C. Consideration of the following:
    
    	  1. A rescission of all changes to DCU "checking" (sharedraft)
    	     account terms, conditions, options and fees made since August
    	     1, 1991.
    
    	   2.  A removal of all DCU Directors, under Article XIX, Section 3
    	     of the DCU Bylaws.
    
    	   3.  A call for new elections within ninety (90) days of the
    	     Special Meeting to fill all Board of Directors positions,
    	     under Article VI of the DCU Bylaws.
    
    	D. Adjournment.
    
    	Only matters related to the Agenda set forth above can be
    considered at the meeting.
    
    	PLEASE TAKE FURTHER NOTICE that only those members in attendance at
    the meeting will be permitted to vote.  The record date for qualified
    members is November 1, 1991 and our Bylaws prohibit voting by
    individuals under the age of sixteen (16) years.  Proper identification
    will be required.
    
    	If you have questions regarding this Notice or the Special Meeting,
    please contact the Credit Union through its Director of Communications,
    Ms. Mary Madden, at the address and phone number above.  (DTN 223-6735
    ex. 207)