OaklandCounty Chapter of Credit Unions

November 2008Chapter Executive Committee Meeting

Date:November 18, 2008

Location:OaklandCountyCredit Union, Waterford, Michigan

In attendance: Executive Committee

Tom Miller, Dan Davidson, Robin Johnson, Tina Dix, Tom Alter

Others

Lon Bone, MCUL Director

Laura Cipielwski, MCUL Relationship Manager

Absent Executive Committee Members: Teresa DiGaetano, Martin Hansen, Chris DeWitt, Andy Revalds, Glenda West

Call to Order

Chapter Vice Chairman Tom Miller called the meeting to order at 10:45am. Robin J. noted that there was not a quorum for the meeting and noted that approvals, including previous meeting minutes and the Treasurer’s Report, should be deferred until the next Executive Committee Meeting. Tom A. suggested that the Committee hold a brief meeting following the holiday luncheon and others agreed.

Tom A. offered to take minutes in Martin’s absence.

Tom M. reported that the Chapter received a letter of strong appreciation from the Power Company Kids Club in Pontiac in response to the $2,300 gift to re-surface the gymnasium floor. The proceeds came from the 2008 Chapter Golf Outing profits.

Lon B. volunteered to bring to a future meeting a list of local food banks that could receive the remaining proceeds from the golf outing.

Tom A. suggested that the Chapter consider matching up to $200 per credit union for this year’s Walk for Warmth. Tom M. noted that we could discuss in the December meeting or get approval from the Executive Committee via email. He will discuss with Teresa D.

Robin J. asked if the notice for the Holiday Luncheon has been distributed yet. All reported that they have not yet received it. Robin volunteered to follow up with Teresa and Chris D. There was general agreement that vendors be allowed to attend since attendance may be down due to economic conditions.

Tom A. reported that he is set with the speaker and location for the January meeting. Dan D. reported that he is finalizing arrangements for the February meeting. The committee members in attendance agreed that the federal examiner should address business resumption planning and the state regulator should focus on third party vendor risk management and due diligence.

Lon B. reported that we will have a good relationship with newly elected Congressman Gary Peters. Robin J. suggested that he would be a good Annual Meeting speaker. Lon has contacted Congressman-Elect Peters and he is very interested in speaking. He will be confirming if 4/3 or 4/6 will work.

Laura C. showed a copy of a new Chapter e-newsletter that she designed. Everyone in attendance remarked on how professional it looked. Laura C. will assume responsibility for this on a monthly basis and work with Tom A. on content.

Meeting adjourned: 11:20 am.

-- Tom Alter