Understanding Supervisory Committee Expectations & Avoiding Landmines

On-Demand Webinar:
StreamedMay 30, 2023Duration90 minutes
  • Unlimited & shareable access starting two business days after live stream
  • Available on desktop, mobile & tablet devices 24/7
  • Take-away toolkit
  • Ability to download webinar video
  • Presenter's contact info for questions
See Registration Options

Your membership relies on the Supervisory Committee’s training, experience, and keen eye to protect its interests at the credit union.

But what happens when something goes wrong? Is your committee structured to stay ahead of the storm and ably assist the credit union? 
 
AFTER THIS WEBINAR YOU’LL BE ABLE TO:
  • Appreciate regulatory responsibilities and practical opportunities
  • Recognize proper internal controls
  • Understand NCUA’s 2023 supervisory priorities
  • Review Supervisory Committee examination guidance
  • Identify and avoid common Supervisory Committee landmines
  • Employ five traits of an outstanding Supervisory Committee

WEBINAR DETAILS

A good Supervisory Committee is the board’s best friend!  The Supervisory Committee plays a unique role as the watchdog of the membership.  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.  These are truly unprecedented times, and you are tasked with the specific responsibilities of confirming that the credit union is safeguarding member assets, following all applicable rules and regulations, and verifying internal controls. Join Supervisory Committee member and veteran credit union attorney David Reed as he explores the traits of a healthy Supervisory Committee, the biggest challenges facing it today, and methods to ensure full compliance with regulatory duties.

WHO SHOULD ATTEND?

This informative session is designed for Supervisory Committees, directors, volunteers, senior executives, compliance staff, internal auditors, and anyone involved with volunteers or credit union governance.

TAKE-AWAY TOOLKIT

  • Supervisory Committee examination guidance
  • SC audit guidance and best practices worksheet
  • NCUA’s Other Supervisory Committee Audit Minimum Procedures Guide
  • Employee training log
  • Interactive quiz
  • PDF of slides and speaker’s contact info for follow-up questions
  • Attendance certificate provided to self-report CE credits

NOTE: All materials are subject to copyright. Transmission, retransmission, or republishing of any webinar to other institutions or those not employed by your institution is prohibited. Print materials may be copied for eligible participants only.

TESTIMONIALS

"This webinar was confirmation that the supervisory committee’s role is invaluable to the continued success of a credit union. Informative and well supported with documentation."
- Alan, Carolina Trust Federal Credit Union

"I enjoyed the excitement and pace of the speaker! It was informative and well delivered."
- Katie, GRANCO Federal Credit Union

Presented By

David A. ReedDavid A. Reed
Reed & Jolly, PLLC
© 2023 FINANCIAL EDUCATION & DEVELOPMENT, INC