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1802 Normal Park Drive, Huntsville, Texas 77340

walkercountyfcu.com (936)291-2171

Walker County Federal Credit Union


Supervisory Committee Application

In order to assist the Board of Directors in selecting a slate of interest and qualified applicants for
the Supervisory Committee, please complete the following items to submit your application for
consideration. You may call our office at (936)291-2171, or email Toi Williamson at
ceo@walkercountyfcu.com to verify the receipt of your application.

Applicants must be 18 or older, have accounts in good standing at WCFCU, and be a member.
Applicants may not have an immediate family member, (spouse, child, sibling, grandparent,
grandchild, stepparent, stepchild, step-sibling, or similar adoptive relationship,) who is a paid
employee of the credit union.

Contact Information:

First Name: ___________________________ Last Name: _________________________

Address: ______________________________ Home Phone: _______________________

City: _________________________________ Cell Phone: _________________________

State: ________________________________ Work Phone: ________________________

Zip: _________________________________ Email: _____________________________

WCFCU Account Numbers:


_______________________ __________________________ ________________________
_______________________ __________________________ ________________________
Employment:
___ Employed ___ Retired ___ Unemployed
Employer: __________________________________________________________
Address: ______________________ Work Phone: ________________________
Job Title: _____________________ # of Years: __________________________
Responsibilities:
______________________________________________________________________________
______________________________________________________________________________
______________________________________________________________________________

Education:
College Attended: __________________________________________________
Degrees Attained: __________________________________________________
List any other affiliations or board positions:
______________________________________________________________________________
______________________________________________________________________________

Products and Services:


Which of WCFCU’s products and services do you use?
______________________________________________________________________________
______________________________________________________________________________
What do you feel are some of the most beneficial products and services offered by the credit
union?
______________________________________________________________________________
______________________________________________________________________________
References:
List at least two references:
Reference 1
Name: Address: Relationship: Phone #:

Reference 2
Name: Address: Relationship: Phone #:

Reference 3
Name: Address: Relationship: Phone #:

Summary:
Please provide a short statement describing why you would like to be a member of the WCFCU
Supervisory Committee. What strengths do you feel like make a you an eligible candidate?
______________________________________________________________________________
______________________________________________________________________________
______________________________________________________________________________
______________________________________________________________________________
______________________________________________________________________________
______________________________________________________________________________
______________________________________________________________________________
______________________________________________________________________________
If selected by the Board of Directors of Walker County Federal Credit Union, I agree to attend
committee meetings, participate in training necessary to understand the credit union’s balance
sheet and income statement, and support credit union rules, regulations, and policies. The facts
set forth in my application are true and complete. I understand that falsifying an application may
cause disqualification from the selection process.
Signature:___________________________________ Date:____________
The Supervisory Committee will meet and schedule meetings once the committee has been
established. Your presence at the committee meetings are necessary. The Board of Directors
meet the third Thursday of each month. Please initial you have seen and understand the tentative
schedule provided below.
Initial____________ Date ____________
January, April, July & October @5:30pm
February, March, May, June, August, September, November & December @11:30am
WALKER COUNTY FEDERAL CREDIT UNION
Duties of the Supervisory Committee

The Supervisory Committee performs an essential function to ensure the safety and soundness of
the credit union. The duties of the Committee are detailed below.

Basic. The Supervisory Committee is responsible for ensuring that the board of directors and
management of the credit union -
(1) Meet required financial reporting objectives and
(2) Establish practices and procedures sufficient to safeguard members’ assets.

Specific. To carry out the responsibilities set forth in paragraph (a) of this section, the Supervisory
Committee must determine whether:
(1) Internal controls are established and effectively maintained to achieve the credit union’s
financial reporting objectives which must be sufficient to satisfy the requirements of the
Supervisory Committee, verification of members’ accounts and its additional responsibilities;
(2) The credit union’s accounting records and financial reports are promptly prepared and
accurately reflect operations and results;
(3) The relevant plans, policies, and control procedures established by the board of directors are
properly administered; and
(4) Policies and control procedures are sufficient to safeguard against error, conflict of interest,
self-dealing and fraud.
(c) Mandates. In carrying out the responsibilities set forth in paragraphs (a) and (b) of this section,
the Supervisory Committee must:
(1) Ensure that the credit union adheres to the measurement and filing requirements for reports
filed with the NCUA Board under § 741.6 of this chapter;
(2) Perform or obtain a supervisory committee review, as prescribed in § 715.4 of this part;
(3) Verify or cause the verification of members’ passbooks and accounts against the records of the
credit union, as prescribed in § 715.8 of this part;
(4) Act to avoid imposition of sanctions for failure to comply with the requirements of this part,
as prescribed in § 715.11 and § 715.12 of this part.
Annual audit requirement. A federally-insured credit union is required to obtain an annual
supervisory committee review which occurs at least once every calendar year (period of
performance) and must cover the period elapsed since the last review period (period effectively
covered).
Member Account Verification requirement. The Supervisory Committee shall, at least once every
two years, cause the passbooks (including any book, statements of account, or other record
approved by the NCUA Board) and accounts of the members to be verified against the records of
the treasurer of the credit union.