Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Washington
NCUA Releases New Training Modules For CU Supervisors
ALEXANDRIA, Va. (9/16/13)--Small and low-income credit union supervisory committee members have a new resource to help them better grasp the roles and responsibilities of their positions. The National Credit Union Administration last week released a series of online supervisory committee training modules.

The agency is "committed to providing training and support to small and low-income designated credit unions so they are able to continue to meet the needs of their members," NCUA Chairman Debbie Matz said in a release.

Matz said the NCUA chose supervisory committee members as a target audience because of the critical role these committee members play in ensuring the safety and soundness of the credit union. "Our intent is that by providing free, accessible training it will be easier to recruit volunteers and increase the effectiveness of committee members," Matz added.

The video series is broken up into six modules of 10 minutes or less.

Topics addressed include monitoring management activities, annual audits, verification of member accounts, and handling member complaints. The training resources were created by the NCUA's Office of Small Credit Union Initiatives.

More training modules will be released in 2014, the NCUA said.
Other Resources

NCUA Release
RSS print
News Now LiveWire
July 's Fed Bank's "FedFocus" has some interesting articles: incl cost/benefits of $1 currency 2 coin conversion ttp://tinyurl.com/nybmnhh
19 hours ago
Do you wish you were a News Now subscriber? Go here: http://t.co/7evfBSjeMx
20 hours ago
Financial education for student body key part of Altura #creditunion, UC-Riverside partnership #NewsNow http://t.co/Xp6OJd66o6
21 hours ago
.@VTcreditunions gains 200 new FB followers in just 2 wks to reach 1,000 http://t.co/I89xJcv4Jg
21 hours ago
.@CUNA is testifying on reg relief Tues,July 15 at 2 p.m. be4 Hs Fin Serv Subc. Here is the agenda and witness list: http://t.co/yBRhlmdqHt
23 hours ago