the One Place to go
Supervisory Committee

Join The Supervisory Committee

Your Supervisory Committee is an oversight committee comprised of three to five volunteers. The Supervisory Committee is responsible for ensuring that the Board of Directors and Management establish policies and practices that safeguard the members’ interests and rights. They also carry out a continuing series of audits to ensure that records are maintained properly, honestly, and accurately; that policies established by the Board are carried out faithfully; and that member concerns are promptly addressed and resolved.

Qualifications for Service

Minimum Qualifications for a Box Elder Credit Union Volunteer:


Must be a member of Box Elder Credit Union.

Cannot have been convicted of a crime involving dishonesty or breach of trust.

Must be at least 18 years of age.

Must not be an employee of a competing financial institution.

Must follow the Volunteer Code of Conduct

Responsibilities


Monitoring board & management activities

Providing for financial statement audits

Conducting annual member account verifications

Verifying compliance with policies, procedures, rules and regulations

Monitoring the internal control environment

Committee members fulfill these responsibilities by:

  • Meeting with Box Elder Credit Unions internal auditor every month
  • Attending monthly meetings
  • Meeting periodically with regulatory examiners and auditors
  • Reviewing management reports
  • Attending periodic training seminars

How to Serve on the Supervisory Committee

We currently do not have any vacancies in our Supervisory Committee. If you are interested in serving on the committee in the future read the Supervisory Volunteer Application Package, fill out the forms inside and return them to the Credit Union.

Download