Board of Directors

2018-2019 Board of Directors

Kay Oldhouser Davis
Chair

Kenneth PriVette
Vice Chair

Helga Hamlin
Secretary

Vern Disney
Treasurer

Helen Smith
Director

Paul Hilton
Director

Paul Holder
Director

Dave Wagner
Director

Melinda Carr
Director

SAFE's Supervisory Committee

ALLISON VAN CLEEF (Chair)

CHELSEA TREBONIAK

WILLIAM T. ANDERSON

William Strickland

The Supervisory Committee is responsible for the continuous independent monitoring and appraisal of all credit union financial activities on behalf of its members. Our goal is to ensure that all of SAFE’s operations are performed with the highest degree of accuracy and integrity.

In support of this, the committee engaged an independent auditing firm, Doeren Mayhew, CPAs, to provide an opinion on the soundness and accuracy of the credit union’s financial statements, to verify balances on member account statements, to review compliance with federal regulations and GAAP pertaining to accounting practices. The written opinion of the auditor can be found on SAFE’s website in the financial statements section; no adjustments to the financial statements were required.

In July, National Credit Union Administration examiners performed an extensive examination and made recommendations to improve the Bank Secrecy Act (BSA) and Information Security programs. These recommendations were acted on after the examination by the Board of Directors and Executive Management. Projects are in the works to comply with the recommendations.

Also, the Internal Audit Department’s staff, which reports directly to the Supervisory Committee, is responsible for reviewing the activities of the branches and all operations. They assist management in the effective discharge of their responsibilities by furnishing them with analyses, appraisals, and recommendations concerning the activities reviewed.

It is the opinion of the Supervisory Committee that SAFE is financially sound and operating efficiently and effectively. The financial statements accurately represent its financial condition, and all business activities are handled in accordance with the Board of Directors policies and government regulations.

For any concerns or comments please email correspondence to supervisorycommittee@safefed.org or address your correspondence to:

Supervisory Committee
SAFE Federal Credit Union
P.O. Box 754
Sumter, South Carolina 29151-0754