OIG

• Telesis Failure Blamed on Management, Board, Regulators

  By Heather Anderson  |  March 27, 2013

  The NCUA’s Inspector General blamed Telesis Community Credit Union’s former management and board as well the NCUA and California Department of Financial Institutions for the Chatsworth, Calif.-based institution’s failure in a material loss review released March 20.

• Telesis Loss Review Reveals NCUA Will Raise Some Net Worth Requirements

  By Heather Anderson  |  March 21, 2013

  OIG says agency should amend capital rules to reflect higher risk in member business loan portfolio.

• OIG Tells Issa Contingency Fees Reasonable, But Redacts Details

  By Heather Anderson  |  February 12, 2013

  NCUA inspector general responds to California congressman's concerns about legal fees for Wall Street suits over securities losses.

• NAFCU Urges NCUA Release Exam Manual as Promised

  By Heather Anderson  |  September 25, 2012

  Trade group also asks agency again to make its supervisory policy manual public.

• 

  Inspector General Tells NCUA to Beef Up Data Protection

  By Claude R. Marx  |  November 20, 2011

  The NCUA needs to do a more thorough review of how it protects the privacy of its computer users and data, according to a report by the agency’s Office of Inspector General.

• NCUA IG Says Agency Needs to Bolster Privacy Protection

  By Claude R. Marx  |  November 15, 2011

  The NCUA needs to do a more thorough review of how it protects the privacy of its computer users and data, its Inspector General says.

• NCUA Inspector General Blasts Lax Resolution Follow Up

  By Claude R. Marx  |  October 10, 2011

  NCUA examiners didn’t follow up on many documents of resolution and as a result gave better CAMEL ratings to some credit unions than they deserved, according to a report by the agency’s Office of Inspector General.