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What is a "Supervisory Committee"?
Your Supervisory Committee is an oversight committee of five volunteers
who are appointed by the Board of Directors for one-year terms, with all
terms expiring each year. Members of the Supervisory Committee are selected
from among the membership and the Supervisory Committee elects its own Chairman each year.
The Committee's responsibilities include:
- Monitoring board and management activities
- Providing for financial statement audits
- Conducting annual member account verifications
- Verifying compliance with policies, procedures, rules and regulations
- Monitoring the internal control environment
Committee members fulfill these responsibilities by:
- Attending the monthly meetings of Honda Federal Credit Union’s Board of Directors
- Meeting periodically with regulatory examiners and internal/external auditors
- Reviewing management reports
- Attending periodic training seminars
Contacting Us
If you have questions, comments or concerns about your account or the credit
union's operations, you should first contact the credit union directly.
However, as part of the Supervisory Committee member advocacy program, you may
e-mail the committee regarding issues associated with our responsibilities as
noted above. Supervisory Committee correspondence should be mailed to the
following address:
The Supervisory Committee
Honda Federal Credit Union
P.O. Box 2290
Torrance, CA 90509-2290
The committee can also be reached via e-mail.
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