- Do make an examination of the books and documents of the Credit Union at least twice a year.
- This examination should also include an inspection of securities, cash accounts and all documents and records relating to loans.
- Do make or cause to make a comparison of the passbooks or other statements of 10% of the membership with the records of the Credit Union at least once a year.
- Do maintain up-to-date records of verifications of the above.
- Do determine whether or not all actions and decisions of the Officers relating to the Credit Union are in accordance with the appropriate laws and rules.
- Do report in writing the results of any such examination or inquiry to the AGM or SGM.
- Do complete all returns or reports that may from time to time deemed necessary.
- Do familiarise yourself with your Credit Union’s history, philosophy and rules.
- Do ensure you’re up to speed with the Northern Ireland Act and the CBE PRA CREDS 2.2 and how it impacts on your Credit Union and its policies.
- Do prepare for any meeting you plan to attend. Read all reports and documents sent to you well in advance.
- Do attend training and education seminars on a regular basis. Try and keep up to date with new developments.
- Do constantly search for ways to increase your knowledge and improve your expertise.
- Don’t judge the decisions of the officers on your personal desires or criteria.
- Don’t create dissension amongst committee members and employees.
- Don’t directly correct any employee of the credit union if you see errors in their work. Report any such errors to the Board who will take the appropriate action.
- Don’t make any report based on rumour or inaccurate information.