Supervisory Committees in Action: Duties, Challenges & Compliance

The supervisory committee (SC) plays a unique role as the “watchdog” for credit union members.  But the financial services world is getting more complex every day and new challenges are waiting around every corner.  From balance sheet pressures to increased cybersecurity threats, your risk profile is constantly changing.  The SC is specifically tasked with confirming the credit union is safeguarding member assets, complying with applicable rules and regulations, and resolving member complaints.

Your members rely on your training, experience, and keen eye to protect their interests.  But what happens when something goes wrong?  Is your committee structured to stay ahead of an approaching storm?  Join Supervisory Committee member and veteran credit union attorney David Reed as he explores the traits of healthy committees, today’s biggest challenges, and how to ensure full compliance with regulatory obligations.