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Ph - (508) 993-0011

info@cnefcu.org

93 Union St. New Bedford, MA 02740

Routing - 211384719

Coastal New England FCU

Coastal New England FCU

Serving You Since 1911

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Supervisory Committee Opening

July 30, 2020 by cnefcu

We are looking for a member to join our Supervisory Committee. Please review the requirements below and download an application if interested.

Primary Functions:

• Select an accounting firm and sign the engagement letter for all audits required by our
regulators.
• Review any/all findings in the annual audit and monthly internal audits. Ensure that
corrections were made in a timely manner by staff.
• Oversee the inspection of securities, cash, and accounts of the credit union.
• Verify that adequate internal controls are established and effectively maintained to
safeguard the credit union’s assets.
• Have authority to suspend any board member by unanimous vote; if necessary, in
accordance with regulations.
• Prepare an annual report for the members at the annual meeting.
• Carry out all other duties as required by law, regulation, or the credit union’s bylaws.

Preferred Qualifications:

• Must be at least 18 years of age and a member in good standing.
• Prefer at least one year of membership, but not required.
• Must agree to a background review to meet bonding guidelines.
• Must agree to sign the Oath of Office and Conflict of Interest Statement.
• Accounting background and/or education in this area and/or related work experience is
helpful.
• Must be able to attend meetings. (Usually 1 Per Quarter)

Time Required:
• Approximately 1- 4 hours/quarter.


Supervisory Committee ApplicationDownload

Category iconnews

We are looking for a member to join our Supervisory Committee. Please review the requirements below and download an application if interested. Primary Functions: • Select an accounting firm and sign the engagement letter for all audits required by ourregulators.• Review any/all findings in the annual audit and monthly internal audits. Ensure thatcorrections were made […]

Ready to join?

Find out what steps you have to take to become a member.

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CNEFCU

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    93 Union St. New Bedford, MA 02740
Routing: 211384719
NMLS: 627922
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