Northwest Federal’s Supervisory Committee is a Board-appointed volunteer organization that works on behalf of the membership as the “eyes, ears and voice” of the Member.
Working On Your Behalf
WHAT IS THE SUPERVISORY COMMITTEE?
The Supervisory Committee works to:
- Monitor the financial health of the Credit Union.
- Monitor the controls, policies and systems that are in place by the Credit Union to mitigate financial, operational, and compliance risks
- Investigate perceived violations of credit union rules and policies, unethical behavior, or complaints that were not fully resolved to Member satisfaction through regular credit union channels.
- The Committee also arranges for independent internal audits, verification of member accounts, reviews of internal controls, and an annual CPA financial audit.
HOW OFTEN DO THEY MEET?
The Committee meets regularly to execute and coordinate its responsibilities. A committee member also attends the monthly Board of Directors meetings.
WHO ARE THE SUPERVISORY COMMITTEE MEMBERS?
Robert Grieve (Chair)
Margaret Augustine (Vice Chair)
Sandera Oliver
Nancy Whipp
Susan Wilson
HOW DO I CONTACT THEM?
A special post office box has been established for members to report any action that they perceive as a violation of credit union rules and regulations; unethical or illegal behavior; or other complaints that have not been resolved to Member satisfaction through regular credit union channels:
Supervisory Committee
P.O. Box 1167
Herndon, VA 20172-1167
Or, to contact a member of the Supervisory Committee, you may also send an email to supervisory@nwfcu.org.