The Supervisory Committee, in compliance with the Federal Credit Union Act and MassMutual
Federal Credit Union’s bylaws is responsible to make or cause to be made an annual audit of the
credit union and such supplementary audits as it deems necessary or as may be ordered by the
Board of Directors. During this past year, the Supervisory Committee engaged an independent
audit firm to conduct an audit of the Credit Union’s financial statements. That audit concluded that
the financial statements present fairly, in all material respects, the financial position of MassMutual
Federal Credit Union as of March 31, 2025 and 2024 and the results of its operations and its cash
flows for the years then ended, in accordance with accounting principles generally accepted in the
United States of America.
An independent audit firm was also engaged to conduct other audits including Automated Clearing
House (ACH) operations, a verification of members’ accounts, compliance with applicable Bank
Secrecy Act rules, Office of Foreign Assets Control (OFAC) regulations, and a review of
Information Technology General Controls (ITGC). The audits and reviews produced generally
favorable results along with some recommendations for Credit Union Management’s consideration.
Various aspects of the Credit Union’s operations, processes, policies, and financial records are
examined by the Supervisory Committee, based upon an annual risk assessment. All activities,
audit results and recommendations were discussed and reviewed with MassMutual Federal Credit
Union management and the Board as applicable during the year. Action items are recorded and
tracked in a log of outstanding items to ensure recommendations are actively implemented. In
addition, on a quarterly basis, the Supervisory Committee attended Board of Directors Meetings and
informed the Board of the Supervisory Committee’s activity.
As members of the Supervisory Committee, we believe that we are fulfilling our federally required
obligations and, in our opinion, the records and accounts of the MassMutual Federal Credit Union
are in proper order.

Respectfully Submitted,

Brandon Williams, Supervisory Committee Chairman
Jerry Blais, Supervisory Committee Member
Paul Malandrinos, Supervisory Committee Member
Mike McLane, Supervisory Committee Member
Michael Gorman, Supervisory Committee Member