§ 14550 Credit Union Supervisory Committee

• •Every credit union needs a group of at least three members to watch over things.
• •These members must be part of the credit union and chosen by other members.
• •The group must have an odd number of people (like 3, 5, etc.).

Imagine you and your friends start a small bank where everyone saves money together.

You need to pick at least three people from your group to make sure no one is stealing or making mistakes with the money. These people are chosen by everyone in the group.