Notes From NAFCU Annual Meeting In Toronto
I'm An Owner, You're Not
TORONTO-Fittingly, among the cabs waiting for attendees exiting the convention center that was home to NAFCU's Annual Conference & Exposition was the Co-Op Cab Company. When asked, one driver indicated riders should not expect any sort of year-end special dividend.
TORONTO-Apparently it isn't just the bankers who are gunning for credit unions, golf course management companies are, as well.
As a pre-conference event and fundraiser for its PAC, NAFCU secured one of the Toronto area's premier golf courses for a tournament, where players encountered a new water hazard-the course. A large number of participants were bussed to the Glen Abbey Golf Course, a PGA tour stop, despite heavy rains that had fallen all night and which continued as players huddled under cover awaiting a decision on whether the course would be played (and conveniently allowing the pro shop to sell out of its $160 rainsuits and $28 towels).
Officials at the course, which is run by publicly traded ClubLink, said play could commence despite the deluge and sent players out in their golf arks, er, carts. It took little time before all the players were soaked, which was appropriate, because they got little time to play-the course suspended play after two holes.
Word was the contract with NAFCU guaranteed the course its fee (or some portion of it) if at least some of the tournament was played.
TORONTO-Look for a big crowd at NAFCU's annual in 2007. The group will be meeting in Honolulu.