Issue link: https://read.dmtmag.com/i/661462
National Catholic Forester — 2015 Annual Report 8 Sales Director Victor Mensavage gave the sales report. Meeting recessed at 8:25 p.m. Friday, March 18, 2016 Friday, March 18 meeting was called to order with prayer and Pledge of Allegiance at 8:25 a.m. in the board room in the Home Office. Present were National President Margaret Schmitt, National Vice President Sally Egan, National Secretary Catherine Hensel, National Treasurer Brian Lawless; National Directors David Bonacker, Terence "Patrick" Coleman, Jeanne Filipp, Rosalie Pyle, Sandra Troyanoski and Jane Uselman. Director Maria Tupaz joined by Skype. Chief Operations Officer Lisa Bickus was also present. COO Lisa Bickus presented her strategic planning report. Bylaws revisions were discussed further. Meeting recessed at 6:29 p.m. Saturday, March 19, 2016 Saturday March 19, all Board members attended committee meetings starting at 8 a.m. The meeting was called to order by President Margaret Schmitt at 10 a.m. in the conference room in the Comfort Inn of Arlington Heights, Illinois. Present were National President Margaret Schmitt, National Vice President Sally Egan, National Secretary Catherine Hensel, National Treasurer Brian Lawless; National Directors David Bonacker, Terence "Patrick" Coleman, Jeanne Filipp, Rosalie Pyle, Sandra Troyanoski and Jane Uselman. Chief Operations Officer Lisa Bickus was also present. Absent was Maria Tupaz. Jeanne Filipp representing the Finance Committee moved that the renewal rate on annuity certificates after the first year be changed to 2.25% effective April 1, 2016. Motion Adopted 10 yes, 0 no. Jeanne Filipp representing the Finance Committee moved that the daily operational bank be changed from Glenview State Bank to US Bank effective immediately. Motion adopted 10 yes, 0 no. Jeanne Filipp representing the Finance Committee moved that the administrator of the NCSF 401k plan be changed from Correll Company to John White & Company effective immediately. Motion adopted 10 yes, 0 no. Jeanne Filipp representing the Finance Committee moved that the Executive Committee motion approved on January 27, 2016 regarding dividends be rescinded. Motion adopted 10 yes, 0 no. Sally Egan moved that the Ultimate Assurance Fraternal Benefit Plan be suspended for additional review and restructure. Second by Rosalie Pyle. Motion adopted 10 yes, 0 no. National Treasurer Brian Lawless presented the treasurer's report. Brian Lawless moved that the NCSF Investment Guideline Verification and State of Illinois Investment Limitations Verification reports as of Dec. 31, 2015 and the investment purchases and sales activity for the 4th Quarter 2015 be approved by the Board. Second by Jeanne Filipp. Motion adopted 10 yes, 0 no. Board meetings were discussed, and dates for the June 2016 Board meeting were set as Thursday, June 23; Friday, June 24 and half day on Saturday, June 25. Meeting adjourned at 12:30 p.m. Minutes by: CATHERINE HENSEL, NATIONAL SECRETARY a full report of the Board Minutes are availaBle in the office of the national secretary, 1-800-344-6273. DRILL TEAM! We LOVE this picture of the drill team from St. Cecelia Court 373, Barnesville-MN. See more in the "Our History" album on facebook. FROM THE NATIONAL SECRETARY, continued from page 7