Loan Report ( Sandy)

Lending

Delinquency and Charg-Off Loan Review

Quarterly Analysis

Marketing - (Sue)

Promotion Update

Tiered Service Report (M.O.R.E.)

PRESIDENT’S REPORT:

Unfinished Business:

Blodgett Merger

New Business:

Appointment of Membership Officers - Phyllis Lords, Colleen Walter, Esther Blanco and Shana Heinrich

Appointment of Security Officers - Colleen Walter, Charlie Rea, Chad Denike and Mark Herro

Appointment of Investment Officers - Bill Schirmer, Doug DeGroot, Kristen Lucksted

Loan Policy

Financial Institution Depository - Central Credit Union of Michigan, 1^st Chicago NBD, Federal Reserve Bank of Chicago - Detroit Branch

Bond and Insurance Coverage

Investment/Liquidity/ALM Policy

Authorized Check Signers - Doug DeGroot, Bill Schirmer

Bylaw Admendment

Administrative Updates:

Chair Report: