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NCUA Releases Online Supervisory Committee Training Modules
Monday, September 16, 2013 6:30 AM

The National Credit Union Administration (NCUA) has developed a new series of training videos designed to give supervisory committee members at small and low-income credit unions a better understanding of their role and responsibilities.

“NCUA is committed to providing training and support to small and low-income designated credit unions so they are able to continue to meet the needs of their members,” said NCUA Board Chairman Debbie Matz. “We chose the supervisory committee as our target audience because of the critical role these committee members play in ensuring the safety and soundness of the credit union. Our intent is that by providing free, accessible training it will be easier to recruit volunteers and increase the effectiveness of committee members.”

The video series is available here.

The Office of Small Credit Union Initiatives created this new training series, which includes six different modules, all 10-minutes in length or less, addressing such topics as monitoring management activities, annual audits, verification of member accounts, and handling member complaints.

NCUA says it will release additional operational and regulatory training modules in 2014.