Understanding Supervisory Committee Expectations & Avoiding Landmines

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.