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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

969.0. "12/11/95 Supervisory Committee Meeting Discussion" by ROWLET::AINSLEY (Less than 150 kts. is TOO slow!) Tue Jan 23 1996 10:48

    This topic is for the discussion of the 12/11/95 Supervisory Committee
    Meeting.  The minutes are in 10.1.
    
    Bob
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969.1No other financial institution provides as much dataMOLAR::DELBALSOI (spade) my (dogface)Tue Jan 23 1996 12:2723
I suppose that this is a more general comment than a specific one about these
minutes.

It strikes me that five years ago, we as members were dealing with a BoD
and a CU Management team whose policies were defined by providing the
least amount of information and detail as possible to the membership
at large - the owners of the DEFCU.

Today, between the regular and timely submission of BoD minutes, and,
now, the distribution of the supervisory committee minutes, the Credit
Union has taken a 180 degree turn in their image, now presenting themselves
as the member-owned, openly communicative organization that all credit
unions should be.

I think that each of us that has been involved over the years in "making
noise" to get things changed for the better, can be thankful for what
we've accomplished.

The DEFCU is a far better place than it was at the beginning of the decade.
And, perhaps, a better place than it's been since its inception.

Let's keep it that way.

969.2Well done!STAR::BUDAI am the NRATue Jan 23 1996 14:099
I am very impressed that information is forth coming.  This is a
positive and allows the members to be aware of what is going on and
possibly react to negetive changes, if they occur.

I commend the supervisory committee, DCU BOD and DCU management for for
turning the ship around.

	Well done!
	- mark
969.3Finances to be included in Board minutesCADSYS::RITCHIEElaine Kokernak Ritchie, 225-4199Wed Jan 24 1996 09:349
The Supervisory Committee (SupComm) reminded us that the financial overview has
been missing from the monthly board meeting minutes for the last several months. 
This is actually due to the tremendous efficiency of the organization since
Carlo Cestra took over.  But this oversight will be corrected.  Starting next
month, the two page summary the board receives will be included in the minutes.

My thanks to the SupComm for the reminder.

Elaine