What Service on the Committee Offers:
- A great opportunity to get professional involvement if you are interested in understanding and applying financial knowledge.
- An opportunity to be involved and gain a deeper understanding of enterprise financial management.
- Ability to make an impact in your community.
How You’ll Contribute:
- Engage the services of auditors to perform the annual audit of the credit union’s records and operations, including a verification of member loan and share accounts
- Work with credit union leaders to verify internal controls and ensure the credit union is in full compliance with all relevant laws and regulations
- Oversee the inspection of securities, cash, and accounts of the credit union
- Review credit union operations and monitor overall financial condition on an ongoing basis
- Review the actions of the board of directors, officers, and committees to make sure that they exercise firm control over the credit union’s affairs, they understand their role, and they promote the credit union for its intended purposes
What You’ll Bring:
- You must be a member (current or new)
- Willingness to attend monthly meetings, usually held on the second Monday of the month. The meetings typically go for two hours. Occasionally, a meeting is held before business hours. Before each meeting you should be prepared to read relevant documents so you can contribute to the meetings.
- Willingness to serve for at least one term. Terms last for three years and are renewed in May.
- Experience in bookkeeping, accounting, or auditing is helpful but not necessary. The credit union provides training through printed materials, group instruction, and out of state conferences. Approved travel expenses are covered by the credit union.
If you have an interest in volunteering for the Supervisory Committee, please submit a resume here.