Associate Directors are appointed by the Board of Directors annually. They are members of the Board in training and perform all the duties of elected Directors with the exception of voting privileges in Board meetings.
Associate Directors will attend and participate in all Board of Directors meetings (i.e., regular, executive session, and Board Committees); attend educational seminars and training as designated by the Board Chair; Associate Directors may be appointed to Committees, and familiarize themselves with Hershey Federal Credit Union bylaws, policies, mission statement, strategic plan and the Federal Credit Union Act.
The Supervisory Committee is responsible for ensuring that the financial condition of the Credit Union is accurately and fairly presented in the Credit Union's financial statements, ensuring that management practices and procedures are sufficient to safeguard Credit Union member's assets, and assisting the Board of Directors in fulfilling its oversight responsibilities for the system of internal control, the audit process, and the Credit Union's process for monitoring compliance with laws and regulations and the code of conduct.
I also understand, if I currently participate or serve on another Credit Union/or Bank Board as a Director or Committee person is a conflict of interest and will disqualify my application.