|Event Date||Mon Jun 13 EDT (over 1 year ago)|
During these unprecedented times, is your supervisory committee fully functional and adequately safeguarding member assets?
Learn the characteristics of a healthy committee and how to meet today’s challenges and regulatory obligations.
After This Webinar You’ll Be Able To:
• Appreciate the regulatory responsibilities of the supervisory committee
• Understand NCUA’s 2022 supervisory priorities
• Access supervisory committee examination guidance
• Identify and avoid common supervisory committee landmines
• Describe five traits of an outstanding supervisory committee
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.
Who Should Attend?
This informative session is designed for supervisory committee members, directors, volunteers, senior executives, compliance staff, internal auditors, and anyone involved with volunteers or credit union governance.
Partner, Reed & Jolly, PLLC