Sioux Empire Federal Credit Union, your Credit Union, is a member-owned Financial Cooperative with a philosophy of people helping people. Volunteering to hold a Board or Supervisory Committee position is a great way to help family, friends, community and your Credit Union.
Sioux Empire Federal Credit Union is looking to fill open member/volunteer positions on both the Supervisory Committee and on the Board of Directors.
The Board of Directors is responsible for the general direction and control of the Credit Union. Some of the other responsibilities of the Board are setting policy, approving the budget, and appointing committees, which help the Credit Union meet the goals of its members. Day to day operations of Sioux Empire FCU is the responsibility of the President who is hired by the Board. One of the greatest assets to our Credit Union is that our member-owners are active participants in business decisions. The Board of Directors meets monthly and on occasion, for a special event or impromptu session.
The Supervisory Committee serves as a kind of watchdog for the members of the Credit Union. The Supervisory Committee assures that an annual audit of the Credit Union is conducted and findings are discussed with the Board of Directors. Other responsibilities may include inspecting records for accuracy, scrutinizing acts of board members and employees to assure compliance with regulations and policies. The Supervisory Committee meets monthly.