Known as the member’s committee, Dort Federal Credit Union’s Supervisory Committee ensures our members’ assets are appropriately safeguarded. Composed of volunteer members, the committee’s scope includes oversight of the organization’s financial activities — they conduct independent audits, ensure financial confidentiality and respond to unusual activity. Overall, the Supervisory Committee is in place to maintain the soundness and rectitude of our credit union. The Supervisory Committee retained the services of Plante & Moran, PLLC to perform the credit union’s 2015 annual audit. As Chairperson of the Supervisory Committee, it is my privilege to report Dort Federal Credit Union continues to be well-managed and in strong financial condition. Furthermore, our committee asserts that Dort Federal Credit Union is operating in accordance with the regulations established by the National Credit Union Administration (NCUA) as well as the professional standards prescribed by our Board of Directors. On behalf of the 2015 Supervisory Committee, we extend our appreciation to our Board of Directors and the Dort Federal team for their dedication to serving our Credit Union and members. Because of our diligent management, Dort Federal members can be confident our institution is safe and secure. As always, we invite our members to share questions or concerns regarding regulatory compliance or credit union policy.
