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Conference 7.286::dcu

Title:DCU
Notice:1996 BoD Election results in 1004
Moderator:CPEEDY::BRADLEY
Created:Sat Feb 07 1987
Last Modified:Fri Jun 06 1997
Last Successful Update:Fri Jun 06 1997
Number of topics:1041
Total number of notes:18759

90.0. "Note From the DCU Board" by SKIVT::JARVIS (Garth Jarvis) Wed Feb 17 1988 09:25

    I just wanted to write about how I was impressed in the information
    letter I received yesterday from the DCU Board!  I liked the 
    format!  I hope we receive more info like this in the future on
    a regular basis (say quarterly?).
    
    -Garth jarvis
    
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90.1Margin DifferencesARGUS::BISSELLWed Feb 17 1988 15:5020
    I thought that it has addressed many of the questions that we have
    asked here and is a big step in right direction.
    
    It did, however; bring up an old question of mine in resonding to
    another question.   Mark stated that the number of changes in the
    variable rate has been low since they had been able to keep the
    "margin" between borrowing money and loaning money to between 3
    and 4 % if memory serves me correctl.  That margin is what they
    use for the expenses of running the DCU.
    
    My question is if you compare this margin to a bank and they have
    the same types of costs PLUS they must return a profit to their
    stockholders of at least six percent.    Since the DCU does not
    have to deal with the profit, they should be much more competitive
    with their rates.
    
    If I am missing somthing here, perhaps sombody can help me understnad
    it please ???
    
    thanks, Al
90.2Number 5's ALIVE!SWATT::LEEBERKnock Knock!Thu Feb 18 1988 08:562
    Isn't communication great? We may not always like the answers but at
    least there are answers. Keep (sic)them cards and letters comming. 
90.3interesting meditationWORDS::BADGERHappy TrailsThu Feb 18 1988 21:2411
    
    the communication is funney here if you think about it.
    The chairman of the board gets our data we put here, and 
    the PR man answers it ala John Tilley.
    Now think about it, IF John was doing his job, would we be airing
    dirty laundry here?  Question to the chairman: why don't YOU
    answer?  Why don't you reply? Can't YOU read between the lines?

    just my opinion and fustrations.
    ed
    
90.4BINKLY::WINSTONJeff Winston (Hudson, MA)Thu Feb 18 1988 23:4620
>    Now think about it, IF John was doing his job, would we be airing
>    dirty laundry here?  Question to the chairman: why don't YOU
>    answer?  Why don't you reply? Can't YOU read between the lines?
>
Second the motion - I have found John Tilley answers generally of the 
form "state the obvious, and don't reply to anything else".  I did get 
a number of straight answers from a board member once, and posted them 
here.  (I don't have her name handy)  she mentioned she was going to 
learn how to write notes, as opposed to just read them, but I haven't 
seen any board members write in this file.  My question to the board 
would be:

You're all DIGITAL employees (I believe), and have (or can get) access
to this file.  Why not take the < 10 min per day that the rest of us
do to follow and contribute to this file?   Extra burden?  Or very
efficient aid to being successful in your position? 

If you feel this file isn't representative of or followed by a large 
amount of the DCU population, I suggest that if you follow this file, 
and make known that you're doing so, that more people will contribute.
90.5Would like to see an anser to this!WORDS::BADGERHappy TrailsFri Feb 19 1988 08:446
    Jeff, YOU HAVE A GREAT IDEA!  Just why can't the BOD get involved
    here?  one way to effectively see what we want prior to voting on
    issues.  Why not post BOD adgenda here?
    Or do *they* know everything, and we know nothing?
    ed
    
90.6when is election time??BEIRUT::SUNNAAFri Feb 19 1988 09:245
    
    They only show up when they are up for elections again! Remember
    when was the last time we heard from any of them???
    
    
90.717576::RIEUFri Feb 19 1988 15:243
       That's why the letter was in the statement. election time draws
    near.
                                                     denny