Title: Audit Committee

Description

This document sets forth the description of the role and responsibilities of the Audit Committee of Seattle Credit Union (Credit Union).

Attendance:

• Regularly attend Audit Committee meetings as scheduled (approximately 12 per year but no less than 1 per quarter) unless excused. Audit Committee members shall no longer serve if they miss more than one-third of the committee meetings in any twelve-month period without being excused per RCW .3a.
• Attend board meetings throughout the year. It is desirable that Audit Committee members attend at least two scheduled board meetings.
• Attendance at Audit Committee/Board retreats, in‐service workshops, and other Audit Committee activities is encouraged.
• Attendance at annual membership meetings, where the annual written report is provided, is e...