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The Society of Financial Examiners is a professional society for examiners of insurance companies, banks, savings and loans, and credit unions.
We have a membership of over 1,700 representing 50 states, District of Columbia, Canada, Aruba and Netherlands Antilles. SOFE is the one organization where financial examiners of insurance companies, banks, savings and loans, and credit unions come together for training and to share and exchange information on a formal and informal level.
The Society was established in 1973 to establish a strict code of professional standards for members engaged in the examination of financial institutions, to promote uniform ethical standards that will engender employer and public confidence to the degree that those interested can identify professionally qualified practitioners, and to promote and enforce minimum requirements of conduct, training, and expertise for members engaged in financial examination.
The Society is ruled by a 50 person Board of Governors, the Executive Committee and the State Chairs with assistance from Headquarters. The Board of Governors meets twice a year, the Executive Committee meets quarterly and the State Chairs conduct separate state chapter meetings on varying schedules, but meet annually as a group. Learn more about the structure of SOFE leadership and the role of each group.
The Board of Governors shall consist of 50 members who shall have supervision, control and direction of the general policies and affairs of the Society, its committees and publications, and shall actively promote its objectives. The Board may adopt motions and regulations for the conduct of its business and may grant or delegate any or all of its authority to the Executive Committee to act on its behalf in the interim between meetings of the Board.