The Supervisory Committee provides independent oversight to ensure Frontwave Credit Union operates safely, responsibly and in accordance with regulatory requirements. Our role is to safeguard assets, monitor internal controls and confirm that financial reporting accurately reflects the Credit Union’s condition. The Committee is composed of volunteer members who operate independently of management. We regularly review financial reporting, verify membership account balances and assess compliance with applicable laws, regulations and Board policies. We also oversee the work of independent auditors to ensure objective review and accountability.
Independent Audit and Financial Review
Ongoing Oversight and Accountability
In 2025, the Supervisory Committee engaged SingerLewak LLP, an independent certified public accounting firm, to audit Frontwave Credit Union’s financial statements. In their opinion, the financial statements present fairly, in all material respects, the financial position of the Credit Union as of December 31, 2025. The results of operations and cash flows for the year were found to be in conformity with Generally Accepted Accounting Principles (GAAP). The financial statements included in this Annual Report reflect activity from January through December 2025 and are unaudited. Based on our review and oversight, the Supervisory Committee is satisfied that these records accurately reflect the Credit Union’s financial condition and that Frontwave continues to operate with strong internal controls.
Beyond the annual audit, the Supervisory Committee conducts ongoing monitoring throughout the year. This work supports transparency, accountability and consistent adherence to regulatory standards and internal procedures.
Appreciation and Acknowledgment
The Supervisory Committee thanks the Board of Directors, executive leadership, management and staff for their cooperation and commitment to sound operations. We also thank the Members of Frontwave Credit Union for the trust and confidence they place in the institution.
Robert Ross Chairman, Supervisory Committee
ry e Report
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