Tue, Mar 31, 2015
Credit union volunteers – directors and committee members – are charged by the National Credit Union Administration (NCUA) with knowing how to read and understand the credit union’s balance sheet. Although the ruling technically applies only to directors of federally chartered credit unions, all credit unions benefit from having knowledgeable directors and committee members who practice good financial judgment.
Attendees will leave with a thorough understanding of the balance sheet (also called the statement of financial condition), which lists the credit union's assets, liabilities, savings, and equity accounts.
Presented by Rowles and Company partner Jim Higbee, this session is scheduled for Saturday, April 18, from 9 a.m. to noon at the MD|DC CUA office in Columbia, 8975 Guilford Road, Suite 190.
The half-day class costs $180 for affiliated credit unions >$50M, $90 for affiliated credit unions <$50M and $45 for affiliated credit unions <$10M. Credit unions with up to $150M in assets may be eligible for tuition reimbursement from the Credit Union Foundation of MD|DC. Applying for tuition reimbursement should be made at time of registration.
For details and registration information, go to Financial Training for Volunteers.