The supervisory committee is the watchdog of the credit union, keeping an eye on areas of potential risk. Committee members must stay on the cutting edge of industry trends to spot fraud and potential fraud. This Training on Demand course goes beyond the basic duties to reveal potential areas of concern such as cash, loans, credit cards, share draft accounts, dormant accounts, general ledger accounts, repossessed collateral, investments, and the Internet. Each area is rated according to their level of risk (low, medium or high).

After this Training on Demand course, participants will be able to:

• Recognize who is/can be involved with fraud at your credit union
• Identify areas to watch to help keep fraud at bay
• Determine the level of risk for different kinds of fraud and why they are higher or lower
• Develop a method for prioritizing risks and monitoring activity