Supervisory committee members are required to have basic, specific and mandatory responsibilities that are vital to a credit union's operations and oversight - do you have what it takes to make the cut?
Supervisory committee members are required to have basic, specific and mandatory responsibilities that are vital to a credit union’s operations and oversight – do you have what it takes to make the cut?
As of late, NCUA has been responding an increasing number of credit union failures with heightened regulatory scrutiny and requirements in an effort to protect the safety and soundness of the credit union industry. Your credit union’s supervisory committee members are the ones responsible for ensuring “that the credit union adheres to the measurement and filing requirements for reports filed with the NCUA Board under section 741.6.”
Join Stephen J.M. Schiltz, CPA, CliftonLarsonAllen, LLP as he presents the TCUL webinar, “Supervisory Committee Duties & Responsibilities” on Tuesday June 11 from 2-3:30 CST.
In addition to learning what it takes to be a supervisory committee member during these challenging and uncertain times, webinar participants will also learn:
Seven categories of risk for credit unions
Responsibilities of supervisory committee members
Financial literacy requirements
Supervisory committee best practices
Additionally, participants will receive a take-away toolkit containing a detailed list of general and specific questions credit union supervisory committee members should consider asking, as well as useful website links.
Current supervisory committee members and those considering joining are strongly encouraged to attend this webinar.
To register or learn more please visit https://www.tcul.coop/supervisory_committee_duties_responsibilities.html.