Volunteer with GPFCU
Want to be involved in the operations and/or decisions of Greater Pittsburgh Federal Credit Union? Want to make a difference? Credit Unions are owned and operated by their membership. Every member has the right and opportunity to run for a Board or Committee position. We need members just like you!
The commitment is only about 1 day per month plus occasional events/activities as needed and training will be provided. We will of course work with your schedule! (And we are a great group of people to work with, if we must say so ourselves!)
- Act as the “watchdog” of the credit union to protect and safeguard member assets
- Ensure that records are maintained properly, honestly and accurately
- Make sure that policies are established according to law and carried out faithfully
- Check to see that proper internal controls are in place
- Ensure that members receive the best possible service.
Who Cannot be a Supervisory Committee Member?
- Loan Officer
- Membership Officer
- Treasurer / Assistant Treasurer
- Secretary of the Board of Directors
- Cannot be related to any credit union employee
Who is Eligible to be a Supervisory Committee Member?
- Must be a member of the credit union
- Must be bondable by the credit union’s surety bond company
How Does Someone Become a Supervisory Committee Member?
- The committee is appointed by the Board of Directors
- The number of committee members should not be less than three or more than five
- Terms are for one, two or three years All terms must be for the same number of years
- Committee members elect a chairperson and secretary
- Make recommendations to Board based on findings of auditor and examiner Conduct the annual audit/hire auditor Verification of accounts every two years
- Hire CUMIS for risk audit
- Present report at annual meeting
- Review minutes of Board and credit committee meetings
- Surprise cash counts
- Randomly review loans with special attention to large loans, staff and volunteer loans and loans to inside parties
- Recalculate expected interest from loans, investments, and member deposits
- Review data change list (non-financial transaction report)
- Review closed account report and member insurance payments
- Review reconcilement of credit union accounts