A GOLD TERMINAL FOR A GOLDEN ANNIVERSARY!


John Evans and Brian Rice
Microbus MD John Evans presents Brian Rice with the gold terminalAt a recent ceremony held at Dial-a-Cab's Brunswick House headquarters, Microbus Managing Director John Evans presented DaC Chairman Brian Rice with a special 22 carat gold plated mobile terminal which had a dual significance. It completed DaC's order with Microbus for 2000 mobile taxi terminals which have full PC capability, are able to interface with the meter, to integrate a credit card swiping unit with printer and to have touch-screen control. It was also to help celebrate our momentous 50th anniversary.
   Speaking to Call Sign, Brian remembered the look on terminal manufacturers faces when he insisted that any in-cab terminal had to be touch screen operated...
   "They all said it wasn't possible," he told us, "I didn't have a clue as to how it could be done, but I knew that I wanted it...!"
   He went on to add: "Microbus have delivered a unique solution to our requirements and our drivers find the terminals extremely valuable with its access of information. We are also grateful to Microbus's for their kind thought in presenting us with the gold terminal."
The gold terminal sits proudly in the Chairman's office.

While Editor Alan Fisher was absent awaiting the birth of his third grandchild, Call Sign asked former Credit Union President Terry Lynn to report on the 2003 CU AGM...
DAC CREDIT UNION AGM 2003

It seems strange to be writing a report on this AGM for Call Sign while sitting on the members' side of the fence and not from the platform, having stepped down from the Board some 18 months ago. But looking at the accounts and listening to the reports, all seems to be going well. It will be of no surprise to learn that the same members turn up every year, regardless of whether Arsenal are on the box - which is generally the case. Maybe current President, Terry Dodd (W15), should check the fixtures list before booking the AGM!
   
   Following tea and sandwiches, the President opened the meeting by introducing his Board and welcoming guests, Richard Oswald from auditors Appleby & Wood and Barry Epstein, Director/Treasurer of the Association of British Credit Unions (ABCUL).

President's Report
This was the first full year of trading under the new rules as set out by the Financial Services Authority. The President, Terry Dodd, had hoped for a smooth ride but as with running any business, there is at least one event in the year that overshadows everything else. This year was to be no exception - the office manager decided to go AWOL!  However, much to Terry's relief, he was able to report that with everybody pulling together, they had got through this 'sticky' patch and that all was now running well.  But it meant everybody from Board / Committee members, software suppliers and new office manager to the Auditors giving that little extra, for which he was very grateful. This was later confirmed

in the Auditor's Report.

Dividend
Following the Treasurer's and Auditor's report, a dividend on members' shares (savings) of 3% was accepted by the members. It was up from 2.5% last year.

Loans / Supervisory Committee Report
Pat O'Leary (S73) reported a total amount on loans of £841,000 with the number of loans granted as 321. The average loan requested was £2600 with an average payment period of 2 years.
   Doug Fisher (A59) from the Supervisory Committee echoed the President's thoughts by saying that all was well.

And finally...
Following the elections, it's nice to see one or two new faces on board and on behalf of the membership, I wish them all well. Following some general discussions under AOB, the President closed the meeting. My thanks to the President and all concerned for all the hard work put in to run the Credit Union on our behalf.
   If you take a quick look back at the amount out on loan, you will see that there are quite a number of satisfied customers. If you still have not joined the DaC Credit Union, maybe now is the time? You may not need a loan, but are you satisfied with the interest you receive on your savings account at the bank? The credit union have paid 3% on savings for the above-mentioned year, coupled with free life insurance. This really is a good deal for small/moderate savings with easy access. So why not give the office a ring and join today.

Terry Lynn (E44)


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