Policies and Charters

Board Charter
Our Board has developed and adopted a Board Charter which deals with governance, the role and responsibilities of the Board, and the term and tenure of elected Directors - guided by the Australian Prudential Regulation Authority's (APRA) standard regarding Governance. 
View our Board Charter

Responsible Persons - Fit & Proper Policy
The purpose of the Responsible Persons - Fit & Proper Policy is to establish and describe Board policy relating to the fitness and propriety of individuals who hold positions of responsibility in compliance with the requirements of the Australian Prudential Regulation Authority (APRA) Prudential Standard CPS 520.
View our Fit and Proper Policy

Audit Committee
The role of the Audit Committee is to assist the Board of Snow Star Credit Union in the effective discharge of its responsibilities for financial information and reporting, internal controls, assessing risk management effectiveness, and the internal and external audit processes.
View our Audit Committee Charter

Governance, Culture, Remuneration & Accountability Committee Charter (GCRA)
The role of the GCRA is to monitor the operation of, and adherence to all Bank Board governance policies, its Constitution, and relevant Australian Prudential Regulation Authority (APRA) governance related standards.
View our GCRA Charter

Risk & Compliance Committee
The purpose of the Board Risk & Compliance Committee is to assist the Board of Snow Star Credit Union in its oversight of the risk management framework and the risk management strategy of Snow Star Credit Union within the context of the risk appetite determined by the Board and to ensure the Bank has an effective compliance management framework.
View our Board Risk Committee Charter