RELEASE DATE: February 6, 2023
DURATION: 80 MINUTES
The role of the Supervisory Committees continues to evolve. Credit unions are getting larger and more complex. The days where the Supervisory Committees reviews loan files, performs cash counts and confirms closed accounts are drifting into the past. If the Committee really wants to do its job well and be a true, professional partner in the protection of the credit union, it must understand its role in the changing Credit Union Environment. Today, the supervisory committee’s number one job is to ensure the credit union gets the best audit possible. Join supervisory committee expert Tim Harrington as he helps you understand how to find, work with, and get the most out of the relationship with your outside audit firm. This process is not simple, it is time-consuming, and getting it right goes a long way to ensuring that your members’ deposits are safe.
MEET THE PRESENTER
Author, consultant and speaker Tim Harrington has worked with credit unions all over the world. His progressive ideas and broad knowledge of credit union issues has made Tim a valuable resource for credit unions nationwide.
Since 1996, Tim has been President of TEAM Resources, a firm providing consulting, strategic planning, and training to credit unions from coast-to-coast. TEAM Resources’ clients range from a few million to the billions in assets.
Tim’s book A Credit Union Guide to Strategic Governance has helped boards and CEOs keep a strategic focus at the board level, develop a system to help boards strengthen their governance skills, and while remaining on the Strategic Level, help push their credit union to greater success.
Tim was formerly a partner with the nation’s 3rd largest auditor of credit unions, known today as CliftonLarsonAllen. He has been working with credit unions since 1989 when he directed the internal audit of a large credit union in Tucson, Arizona. Prior to that, he was with a national accounting firm and has been practicing accounting and consulting since 1980. Tim was also appointed to the board of a troubled credit union. As chair, helped the credit union dig out losing $2 million per year to earning nearly $2 million a year within a short period of time.