CEO Roundtable. Cooperative Investments: Driving a Community to be Opportunity Focused. November 7, 2012 at the Frederik Meijer Gardens & Sculpture Park. Welcome!. Your Board of Directors. David Wright. Chris Butler. Don Mills. Scott McFarland. Dean Wilson. Jeff Jorgensen.
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Cooperative Investments: Driving a Community to be Opportunity Focused
November 7, 2012
at the Frederik Meijer Gardens & Sculpture Park
The board’s instructions to our cpa for closing the year
Declared 2012 Patronage Dividends:
$ 700,000 Standard Patronage Dividend
$ 800,000 Bonus Patronage Dividend
Year #3 for a Bonus Patronage Dividend: is this becoming an annual tradition?
Projected Stock Dividend: 4.45%
Projected Increase in Stock Equity: 19%+
Projected Stock Price: $180,000 per owner share
These are all projectionsand should be finalized by December based on our CPA’s work...then look for a check!
...now on to 2013!
In August, the BOD approved the 2013 Business Plan and Budget
This marked the end of our 2013 Planning Session, and now we’re on to executing the plan – our new year started 10/1/2012
Today’s event is the first in our planning season for 2014
There are many more events planned for 2013, as part of our 2014 planning season – from our Board meetings to focus groups to all of our credit union education – it will be a full year
The next major event is our Leadership Conference (June 18-20, 2013 – mark your calendars!)
We truly appreciate your participation, and respect your dedication in leading this cooperative
1:15 II&G Program Wrap-up
Update from one of our finalists from last year
1:30 Q&A with Jack Antonini
Insights on studying opportunities, fostering projects, and pushing investment in opportunity
Now introducing today’s facilitator...Randy K
Fill out the form and give to Dawn before lunch
Driving a Community to be Opportunity Focused
In presentation order (randomly placed)
Here’s how the morning will go...
Presentation and Q&A
Determining the Winner(s)
Ballot data collected today will be presented to the CU*Answers Board of Directors for consideration
The Board will make its final decision and announce the awards no later than January 31, 2013
Between each finalist presentation, we’ll take a 10 minute break for refreshments
Discuss the idea amongst yourselves...at your table or with any other group!
Mark your ballot while you listen
Is this a good business for the network to investits money?
If it’s not really a business per se, is it still a good idea? Something that is worthy of our financial support?
Is this a repeatable business that could potentially be implemented in your community, by other credit unions or network partners?
Thinking as a venture capitalist, would you invest your own moneyin this idea?
Remember to submit your questions for jack antonini before you eat!
Turn them in to any CU*Answers staff person before you leave today
LET’S HEAR FROM ONE OF OUR WINNERS...