Become A Volunteer


Get Involved with a Winning Team

Credit Unions are not-for-profit financial cooperatives owned and overseen by their members. This unique philosophy is what sets Credit Unions apart from other financial institutions.

True to our cooperative roots and philosophy of “Changing Lives One Dream at a Time,” our Supervisory Committee and Board of Directors are made up of talented people who volunteer their time and expertise to ensure BRECO FCU continues to be a financial partner for life to our members and their families.

If you’d like to be more involved and have a strong desire to help us continue to succeed and grow, we encourage you to apply for a position on the Supervisory Committee or Board of Directors. Volunteering to serve can be an extremely rewarding experience. Perks include opportunities to attend educational forums in the Credit Union industry, leadership development, networking, and financial industry experience. You will represent your fellow credit union members as well as share your valuable knowledge to benefit our membership.

If you feel you’re not quite ready for the Board of Directors or Supervisory Committee, we also have Associate Director positions available. These member volunteers learn about the business of the Credit Union while assisting the Board of Directors or Supervisory Committee, with no long-term commitments. Associate Directors are an integral part of the Credit Union’s succession planning as these volunteers may become viable candidates for open positions on the Board of Directors or Supervisory Committee.


Board of Directors

Each member of the seven-member Board of Directors is elected by the membership to serve a two-year term. The Board sets the policy and directs Management in the overall running of the Credit Union. Specific responsibilities include:

  • Make strategic decisions regarding the course of action for the Credit Union by establishing objectives, formulating policy, and approving goals and objectives.

  • Set rates on savings and loan products. Establish pricing policy on member services and fees.

  • Participate in standing committees as appointed by the Board chair.

  • Ensure that the Credit Union meets all federal and state regulations and guidelines.

  • Monitor activities of and appointments to the Supervisory Committee.

  • Maintain, review, and update the Credit Union bylaws.

  • Maintain the confidentiality of all Credit Union business.

  • Attend and actively participate in monthly Board meetings and the annual planning session.

 

Supervisory Committee

The Supervisory Committee is appointed by the Board of Directors and is comprised of volunteers who are member-owners of the Credit Union. Its primary function is to serve as the audit committee of the Credit Union, ensuring that it is soundly managed and that member assets are safeguarded. To fulfill its function, the Supervisory Committee will monitor and evaluate the quality of Credit Union finances, operations, and decisions. Specific responsibilities include:

  • Safeguard member assets by initiating ongoing internal and yearly external audits to review internal controls and financial position.

  • Periodically verify teller cash and perform membership audits.

  • Review Credit Union policies, procedures, and operations.

  • Collaborate with regulatory examiners during their reviews/exams.

  • Maintain the confidentiality of all Credit Union business.

  • Attend and actively participate in regular Supervisory Committee meetings and the annual planning session.

Experience in bookkeeping, accounting, auditing, finance, systems analysis, or documentation review is helpful in this position, as you are responsible for carrying out audit and verification functions.


Qualifications

Qualifications for the Board of Directors, Supervisory Committee, or Associate Director positions include:

  • Must be a member in good standing, and active user of Credit Union products and services.

  • Must be at least 18 years of age and bondable by the Credit Union’s fidelity bond company.

  • Must maintain the confidentiality of all Credit Union business.

  • Must believe in the Credit Union philosophy and be a collaborative team-player.

  • Must act in accordance with the interests of members and goals of the Credit Union.

  • Must be willing to actively participate in scheduled meetings, planning sessions, and training programs.

  • Must not be an immediate family member of any BRECO FCU employee, Board member, Supervisory Committee member, or Associate Director.

 

Get Started

If you are interested in volunteering and would like more information, please complete the questionnaire below. Thank you for your interest!

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