Supervisory Committee

Responsibilities

Assist the Board of Directors and Credit Union Management Team in monitoring the application and compliance of internal operations with Credit Union bylaws, policies, and procedures as well as compliance with all federal and state regulations that govern Credit Union operations. Ensure a strong framework of internal controls is maintained that represents best practices in the industry that will attest to the reliability and integrity of financial and operational information thus safeguarding our Members’ assets.

Participate in the selection of an outside firm to conduct the annual audit and ensure that all follow-ups and findings from both the audit as well as internal audits & reviews and reporting from other governing agencies, e.g. NCUA, are addressed on a timely basis. Review Member complaints and work with management to resolve them.

Applicants must be Members of The Atlantic Federal Credit Union and be available to attend meetings scheduled for the 3rd Tuesday of each month from 10:30AM-noon (adjusted to 10AM-noon once per quarter on that Tuesday) and occasional special meetings with advance notice.

This is a volunteer position that may result in an opportunity to join the Board of Directors.

Preferred Knowledge and Skills

Willingness to work with a team in support of the Credit Union’s mission and desire to better the financial lives of our Members.
Ability to assess and understand basic financial statements and analyses.
General understanding of regulatory requirements related to associated audits and reviews conducted by outside agencies.
Ability to assess operations and ensure internal controls represent best practices that expedite efficient and cost-effective results while safeguarding assets and minimizing risk.
Aptitude to think strategically with new perspectives and insights focused on improving governance, operations and financial results.

For More Information Or To Apply

If you are interested in hearing more information or to apply, please forward your letter of introduction and resume to the attention of Russ Hovland, Supervisory Committee Chairman, at kpakrul@atlfedcu.com.

Community Banking At Its Best

The Atlantic Federal Credit Union offers many of the same services as a bank, often with better rates and lower costs. As a not-for-profit financial cooperative, our only priority is meeting the needs of our Members. We pride ourselves on delivering personalized service backed by the latest in digital banking technology so you can bank whenever and wherever is most convenient for you. Plus, we exclusively serve Essex and Union counties in New Jersey, which means your hard-earned deposits are kept secure locally and loans are serviced locally.