Tuesday, June 11, 2013
12:00 pm – 1:30 pm PT
1:00 pm – 2:30 pm MT
2:00 pm – 3:30 pm CT
3:00 pm – 4:30 pm ET
Do you know what it takes to be a credit union supervisory committee member? Supervisory committee members have basic, specific, and mandatory responsibilities that are vital to a credit union’s operations and oversight.
NCUA has responded to the increasing number of credit union failures with heightened regulatory scrutiny and requirements in an effort to protect the safety and soundness of the industry. The supervisory committee is ultimately 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.” This includes NCUA call reporting and compliance with generally-accepted accounting principles. Does this mean supervisory committee members are required to be a regulator or a CPA? Join us to explore what it takes to be a supervisory committee member during these uncertain times.
Continuing Education: Attendance verification for CE credits upon request
- Seven categories of risk for credit unions
- Responsibilities of supervisory committee members
- Financial literacy requirements
- Supervisory committee best practices
- TAKE-AWAY TOOLKIT
- Detailed list of general and specific questions credit union supervisory committee members should consider asking
- Useful website links
WHO SHOULD ATTEND?
This informative session is designed for current and future credit union supervisory committee members, as well as anyone who would like a better understanding of the role of the supervisory committee.
Webinar content is subject to copyright and intended for your individual credit union’s use only.
MEET THE PRESENTER