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Supervisory Committee Guide for Federal Credit Unions [Administration, National Credit Union] on Amazon.com. *FREE* shipping on qualifying offers. fully documented policies and procedures manual. 1985, as appropriate, a credit union is required to have a committee of.Credit unions rely on an effective supervisory committee to ensure their direction and strategies are adhering to federal and state rules and regulations. The National Credit Union Administration (NCUA) has issued a new guide to minimum procedures for other supervisory committee audits. CREDIT UNION SUPERVISORY COMMITTEE HANDBOOK 3rd Edition Spiral-bound · Print length. 158 pages · Publisher. CUNA · See all details. also require a credit union to have a board oversight committee, an internal audit function, a risk management officer and a compliance officer.