How’s your credit union doing? No, really, how is your credit union doing? As a supervisory committee member, you have an obligation to know and understand how your credit union is doing.financially. The environment has become more demanding. It is no longer enough to come to meetings and trust that someone else on the board understands your financial statements and ratios, or that if something is amiss, the CEO will let you know. According to NCUA Reg. 701.4, each director, regardless of background, has an obligation to understand the financial condition of their credit union. Newly elected directors have six months after election to become financially literate. This course will cover key concepts to help new and experienced directors better understand their credit union’s financial condition.
Instructor: Tim Harrington
When: February 17, 2016
Duration: 90 min. (In three, 30-minute segments)