Dates: July 15 & July 22
Time: 3:00 PM – 4:30 PM ET (Each Day)
Educational Investment: $699 per credit union (unlimited attendees)
Join us for a two-part virtual training designed specifically for Supervisory Committee members who want to deepen their understanding of their critical role in credit union governance. Led by nationally recognized attorney and credit union expert David Reed of Reed & Jolly, PLLC, this live and interactive course will cover the essential knowledge, responsibilities, and best practices that every Supervisory Committee member needs to know.
Whether you’re new to the committee or looking for a refresher, this engaging and practical training will help you confidently fulfill your oversight duties, ensure compliance, and strengthen your credit union’s internal controls.
PART ONE: JULY 15
Roles and Responsibilities of the Supervisory Committee
- Key functions and fiduciary duties
- Ensuring compliance with regulations and internal policies
- Monitoring and responding to member complaints
Regulatory Requirements and Compliance
- Overview of regulatory agencies and key compliance areas
- Importance of the annual audit and collaboration with external auditors
- Understanding reporting requirements and timelines
PART TWO: JULY 22
Risk Management and Internal Controls
- Identifying and assessing risk
- Evaluating the effectiveness of internal controls
- Safeguarding against fraud and promoting operational efficiency
Collaboration with Management and External Auditors
- Building effective working relationships
- Understanding the audit process
- Maintaining independence and objectivity
This LIVE session offers a unique opportunity to engage directly with David Reed – bring your questions and take advantage of valuable group discussion.
Can’t attend both days live? No problem. All registrants will receive access to the recorded sessions to keep as an ongoing resource – perfect for onboarding future committee members.
