CU Knowledge & Committee Governance - 16 credits required

Level 1 Credit Options
Choose a maximum 6 credits from below:

Level 2 Credit Options
Choose a minimum 10 credits from below:

VAP Course
V300 Supervisory Committee Duties and Responsibilities (2 credits)

Training on Demand
10 Ratios Every Volunteer Should Know (2 credits)

Other Topics & Titles
Introduction to Credit Unions (2 credits)

Schools & Conferences
Supervisory Committee and Internal Audit Conference Breakout Sessions

• Supervisory Committee 101: The Overview (3 credits)
• Common Mistakes in Regulatory Reporting the Committee Should Know About (3 credits)
• Common Mistakes in Regulatory Reporting the Committee Should Know About (3 credits)
• Getting the Most Out of Financial Statements (3 credits)
• The Supervisory Committee’s Perspective on Mergers (3 credits)

RegTraC
RegTraC Level 1 (6 credits)

Handbooks (4 credits each)
Directors Handbook for Credit Union Regulations
Supervisory Committee Handbook

Book
Peak Credit Union Board Performance (3 credits)

Annual Audit Requirements - 12 credits required

Level 1 Credit Options
Choose a maximum 4 credits from below:

Level 2 Credit Options
Choose a minimum 8 credits from below:

VAP Courses (2 credits each)
V301 Auditing 1
V302 Auditing 2
V304 The Supervisory Committee’s Role in Finding Fraud
V428 Understanding the Audit Report

Training on Demand
The Supervisory Committee’s Role in Finding Fraud (2 credits)

Audio
TBA

Schools & Conferences
Supervisory Committee and Internal Audit Conference Breakout Sessions

• Selecting a CPA Firm & Overseeing the Audit: Tips from an Insider’s Perspective (3 credits)
• The Committee’s Role in Understanding and Monitoring Examiner Findings and Directives (3 credits)
• What Makes a Good Business Continuity Plan (And How do We Audit Ours?) (3 credits)
• NCUA Examination vs. Annual Audit (3 credits)
• Allowance for Loan Losses—Important Lessons for the Supervisory Committee (3 credits)

Webinars
Audit Findings: Is There More to the Findings Than We Can See? (3 credits)

Risk Assessments/Audit Plan - 10 credits required

Level 1 Credit Options
Choose a maximum 4 credits from below:

Level 2 Credit Options
Choose a minimum 6 credits from below:

VAP Course
V305 The Basics of Risk Assessment (2 credits)
V427 Basics of Internal Control (2 credits)

Training on Demand (2 credits each)
The Basics of Risk Assessment
The Basics of Internal Control

Schools & Conferences
Supervisory Committee and Internal Audit Conference Breakout Sessions

• Risk Inventory: How to Build and Manage One for your Credit Union (3 credits)
• Risk Mitigation Reporting Strategies (3 credits)

Webinars
TBA

Internal Audit - 12 credits required

Level 1 Credit Options
Choose a maximum 4 credits from below:

Level 2 Credit Options
Choose a minimum 8 credits from below:

VAP Courses (2 credits each)
V429 Overseeing the Annual Audit by Outside Parties
V303 The Supervisory Committee’s Role in Due Diligence

Training on Demand
Overseeing the Annual Audit by Outside Parties (2 credits)

Schools & Conferences
Supervisory Committee and Internal Audit Conference Breakout Sessions

• Advanced Supervisory Committee Responsibilities (3 credits)
• Building an Internal Audit Team From Scratch: Lessons Learned From a Practitioner (3 credits)
• Maximizing the Supervisory Committee's Time: The Internal Audit Group as a Resource (3 credits)

Webinars
Building an Internal Audit Team From Scratch: Lessons Learned From a Practitioner (3 credits)

Audio
Easy & Effective Audit Activities for the Supervisory Committee (3 credits)

Board Operations & Development - 10 credits required

Level 1 Credit Options
Choose a maximum 4 credits from below:

Level 2 Credit Options
Choose a minimum 6 credits from below:

VAP Courses (2 credits each)
V100 Board of Directors: Duties & Responsibilities
V406 Directors’ Liability
V411 Board Reports
V414 Recruiting, Orienting, & Retaining Board Members
V701 Directing Effective Teams
V702 Maximizing Board Performance

Filene Reports (1 credit each)
Enhancing Board Satisfaction at Credit Unions
CU Boards & CU Effectiveness
Recruitment and Selection Practices at Credit Union Boards

Schools & Conferences
TBA

Handbooks
Board of Directors Handbook (3 credits)
People, Not Profit Handbook (3 credits)

Training on Demand
Volunteer Self-Evaluations (3 Credits)
Communications Strategies for High Performing Volunteers (3 Credits)

Audio
Every Moment Matters: How to Take Team Effectiveness to the Next Level (3 credits)

Total: 60 credits

A maximum 22 Level 1 credits are required.

A minimum 38 Level 2 credits are required.

Conference Breakout Sessions
Webinars
Books
VAP Courses
Training on Demand Titles
White Papers
Filene Reports

Level
2
2
2
1
1/2
1
1

Credits
3
3
4
2
2/3
2
1

Area of Study
varies
varies
varies
varies
varies
varies
varies