Supervisory committee overview: League webinar provides rules, regulations & best practices


The supervisory committee has a unique role as the members’ “watch dog.” They are specifically tasked with confirming the credit union is safeguarding member assets, complying with applicable rules and regulations, and resolving member complaints. Your membership relies on your training and experience to protect their interests.

Today’s supervisory committee members understand that healthy tension between them and the board and management is essential. Usually there are no issues. But what happens if something goes wrong? What if relationships deteriorate, or key players can’t reach a decision? Can closer examination scrutiny be far behind? This webinar on Thursday, March 1, from 3:00 P.M. to 4:30 P.M., conducted by a supervisory committee member, will explore the traits of healthy committees and how to ensure full compliance with your regulatory obligations.

For those participating in this webinar, you can expect to cover:

  • Regulatory responsibilities of the supervisory committee
  • Supervisory committee examination guidance
  • Enhancing board and supervisory committee communications
  • Identifying and avoiding common landmines
  • Five traits of an outstanding committee

After participating in this webinar, attendees will receive: A supervisory committee examination questionnaire; SC audit guidance and best practices worksheet; NCUA supervisory committee guide; employee training log; and a quiz you can administer to measure staff learning and a separate answer key.

This webinar is offered through the League's partnership with the CU Webinar Network. For more information or to register, please click here.