Provide oversight of credit union operations and the safety of members’ funds. Supervisory Committee Primary Duties and Responsibilities:
Select and hire an independent CPA firm to perform the Annual Financial Statement Audit.
Review all results of internal and external audits, federal and state examinations, and confirm that necessary changes have been implemented.
Prepare a monthly minutes report on Supervisory Committee activities to the credit union Board of Directors.
Have a member of the Supervisory Committee attend the monthly Board of Directors meeting.
Prepare required State of Minnesota semi-annual supervisory committee reports.
Members of the Board of Directors, Supervisory Committee and SCFCU Executive team at the St. Cloud Rox Military Appreciation Night sponsored by SCFCU
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