Job Details

Join our Board of Directors or Supervisory Committee

Company

Military-Civilian

Published

2020-10-26

Closes

 

Location

Sanata Maria, California, United States

Category

Banking and Finance

Type

Part-time

Description

Join our Board of Directors or Supervisory Committee.

Full Time   Volunteer Position

CoastHills is driven by the Board of Directors and Supervisory Committee, a group of credit union members who lend their talents and unique experience to provide direction for the Credit Union. From business and finance to technology and military experience, our Board of Directors and Supervisory Committee bring diverse skillsets to the table. And just when it seemed like they couldn't be more inspiring - they volunteer their time and talent out of their sheer commitment to help others.
Make a difference. Join our Board of Directors or Supervisory Committee.

Volunteering with the Board of Directors or Supervisory Committee is a great opportunity to help fellow CoastHills Credit Union member-owners improve their financial lives, while guiding the Credit Union toward a stronger future.

Volunteer Duties and Responsibilities
Serving as a volunteer Board Member or Supervisory Committee Member at CoastHills Credit Union requires a significant commitment. Candidates must be a member of CoastHills in good standing.

The following characteristics would disqualify the status of member in good standing:
•A member has filed or threatened to file a lawsuit against CoastHills, or has shared an unfiled lawsuit.
•A conflict of interest exists that would effectively prevent the member from exercising independent judgment and acting in the best interest of CoastHills. Also, any former employee with CoastHills cannot serve as a board member or on the Supervisory Committee until three years has passed since his/her last day of employment, except that a former temporary employee may serve if more than one year has passed from their last day of temporary employment. Below is a brief outline of the commitments required to serve as a Director or Supervisory Committee Member. Directors and Supervisory Committee Members must have a working familiarity with basic finance and accounting practices, including the ability to read and understand the Credit Union’s balance sheet and income statement and the ability to ask, as appropriate, substantive questions of management and auditors and evaluate risk.

To achieve this, you will utilize these resources as needed:
• Complete financial literacy training within 6 months of being elected
• Attend further financial literacy training on an ongoing basis
• Attend credit union-specific education conferences and other events. Each volunteer is given a continuing education budget.
• Average time commitment is approximately 16-24 hours per month Board of Directors:
As an elected member of our Board of Directors, you will serve a three-year term*,
beginning after our annual meeting, usually in March. Regular attendance at Board meetings is required.
Regular meetings typically are held on the fourth Wednesday of each month, beginning at 5:30 pm for approximately 2-4 hours. Directors are also assigned to various Board Committees as needed, which require additional meeting commitments throughout their terms.
Directors have a fiduciary responsibility to the Credit Union as defined by all applicable State and Federal laws and regulations.
Directors are required to attend the Credit Union’s Strategic Planning session, which occurs at an offsite location for 2-3 days in late summer or early fall.
Supervisory Committee Members: As an elected member of our Supervisory Committee, you will serve a three-year term*, which begins after our annual meeting, usually held in March.
Supervisory Committee Meetings are held monthly, typically the third Wednesday of each month at 4:00 pm for approximately 1 hour.
Regular attendance at Board meetings is encouraged, which typically are held on the fourth Wednesday of each month, beginning at 5:30 pm for approximately 2-4 hours.
Supervisory Committee members are encouraged to attend the Credit Union’s Strategic Planning session, which typically occurs at an offsite location for 2-3 days in late summer or early fall.

*If you are elected to fill a vacated position, the term may be one to two years

Please apply online