10:00 am – 11:30 am HST
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
Whether you’ve volunteered for 30 days or 30 years, fully comprehending your governance duties is critical to your credit union.
AFTER THIS WEBINAR YOU’LL BE ABLE TO:
- Explain your responsibilities as a credit union volunteer
- Know which questions to ask your executives
- Identify the criteria necessary to hire an external auditor
- Understand the required communications with the external auditor
- Define the financial literacy requirements, including key ratios
The board of directors is responsible for credit union affairs and establishing policies. The supervisory committee is responsible for determining whether the credit union is meeting its required financial reporting objectives and properly safeguarding members’ assets. These are BIG responsibilities for unpaid volunteers.
This webinar will cover the general and specific responsibilities of volunteers, distinguish between the two different types of audits, and provide current industry ratios/benchmarks to help evaluate your credit union’s financial condition.
Attendance certificate provided to self-report CE credits.
WHO SHOULD ATTEND?
This informative session is designed for credit union volunteers, including directors and supervisory committee members.
- References to NCUA rules and regulations
- Current industry ratios/benchmarks
- Employee training log
- Interactive quiz
DON'T MISS THESE RELATED WEBINARS!
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Tuesday, August 13, 2019
"Financial Literacy Fundamentals for New Directors:
Financial Statements, Key Ratios & How to Monitor Your Credit Union"
Monday, June 10, 2019
NOTE: All materials are subject to copyright. Transmission, retransmission, or republishing of any webinar to other institutions or those not employed by your financial institution is prohibited. Print materials may be copied for eligible participants only.