Board of Directors
As board members, directors oversee, constructively challenge, and hold management accountable for their implementation of strategy within the organisation’s principles of governance and the risk appetite set by the SUCB Board.
Essentially, their role is to provide a creative contribution to the Board and protect members’ interests by providing independent oversight and constructive challenge to the management on issues of strategy, performance and resources. They monitor business performance against agreed objectives, verify the accuracy and integrity of financial information, and ensure that risk management systems, controls and processes are robust and effective. They appoint the community bank’s senior manager.
Scottish Universities Community Bank is a mutual association which encourages our members to save on a regular basis, as little or as much as they can. These savings are pooled and used to give fair, competitive loans to every member, charged at a flat rate of interest you can find on our products page.