Conference 7.286::dcu

    The statement below appeared on last years ballot....please note, at 
    that time I saw a need to have a non-incumbent elected.  I continue 
    to believe that the BOD needs new ideas, needs to serve as a 
    "check-and-balance" to DCU management, and MUST BE RESPONSIBLE TO 
    THE DCU MEMBERS.

    
    RICHARD LUCIANO
    
    The responsibility of the DCU is to its members.  You should expect 
    competitive:
    	- DEPOSIT RATES 
    	- LOAN RATES 
        - FINANCIAL SERVICES
    
    My goal is to achieve these objectives in a cost efficient, secure 
    manner, consistent with the changes occurring in the Digital 
    population.  
    
    My qualifications include:
    	- Marketing Executive, Digital 
    	- Board of Directors, Polaroid Credit Union 
    	- M.B.A., Dartmouth College
        - B.S. Engineering, Northeastern University
    
    As a board member of the Polaroid Credit Union, I have accomplished 
    these objectives for its membership.  If elected to the DCU, I will 
    work to achieve these objectives for you.
    
    Please, elect a non-incumbent, with new ideas.
    

.1>      Please, elect a non-incumbent, with new ideas.
    

I cannot be the only one who wishes the membership had listened to you
last time.  I'm listening now.

Thanks for being willing to try again, Richard.

    Rich,
    
    I have been slow to get started with signatures for candidates (for
    various reasons that would only sound like excuses - so ...) but I will
    work from this end to get as many signatures for you and all the
    candidates - especially those that are not yet over 800 signatures.
    
    You will be on the ballot with the rest of us.
    
    Good luck.

Rich,

One request I would make of you:

Your recycled statement was designed to fit past years requirements of
brevity.  I noticed that in comparison with those of the other petition
candidates it is very lacking in detail.

IMHO it would be to your own benefit to make a new statement which
addresses this year's issues, and which is as long as it needs to be to
show us how you think.  Eventually you will need a 150 word statement, but
for now there is no such limit.

	Hope to see you on the ballot,
	Paul

   In light of the DCU activities of the past year, I stand by my previous 
   statement, but offer the detail below as elaboration on some points:
   
   BOD has responsibilities to the DCU membership:
   	- to be an independent body from DCU management (not a rubber stamp)
   	- to understand the market conditions and assure competitive rate    
   	  structures and security 
   	- to offer services required by the membership, but consistent with    
   	  good business practices
   	- to communicate to the membership on a more timely basis 
   	
   Each one of these points, and more, can have several pages of detail 
   behind it.....but what it all leads to is that the BOD needs new ideas, 
   independent thoughts, the ability to understand the market, and the sense 
   to make decisions consistent with the requirements of those members that 
   elected that person to represent them.
   
   The new board must regain the faith of the membership before the 
   membership finds alternative financial institutions at which to do 
   business.
   
   Think of some of the things that have happened or have been alleged to 
   happen......checking account fees....actions that lead to the dismissal of 
   the president of the board....etc.
   
   I think its time for a change...and I believe we need at least a few 
   people on the board that have not been approved by the nominating 
   committee. (FYI...THIS WAS THE FIRST NOMINATING COMMITTEE THAT I HAVE EVER 
   INTERVIEWED WITH THAT THE PRESIDENT OF THE CREDIT UNION SAT ON THE 
   COMMITTEE.....BECUASE OF THIS ARRANGEMENT, IT COULD LEAD ONE TO BELIEVE 
   THAT THE INDEPENDENCE OF THE BOD, FROM MANAGEMENT, HAS BEEN COMPROMISED.) 
   

    
    I am puzzled by seeing that you have experience in just such a
    position with another credit union.  I find it remarkable that
    coupled with the other data that this committee didn't see fit
    to recommend your candidacy OR is it "telling" rather than
    remarkable.  Good luck.
    
    Steve
    

    I'll let the membership be the judge as to whether the nominating 
    committee was correct/incorrect in not approving my candidacy....even 
    though I was approved by two previous DCU nominating commmittees on two 
    prior DCU elections....and have served on a BOD of another Credit 
    Union.
    
    I have my thoughts as to the reasons....but until I sit on the BOD, I 
    think it inappropriate to comment.  
    
    Thank you for your support.

Re: .7

>     I have my thoughts as to the reasons....but until I sit on the BOD, I 
>     think it inappropriate to comment.  

I would venture the opinion that even if you WERE on the Board of Directors,
it would STILL be inappropriate to comment on this subject without first
discussing the subject with the members of the nominating committee - and
making sure they were comfortable with public discussion of the subject.

				- - Steve

    I agree.  Be certain that I will ask the correct questions when the 
    time is right.....for my own satisfaction.