The NCUA's Inspector General's office will investigate whether the NCUA has proper controls in place to safeguard agency hardware such as laptops and hard drives from loss or theft.
The NCUA Inspector General's 2015 plans also include a review of credit union financial statement audit requirements.
Inspector general will audit the NCUA's internal controls, transparency and leaks in Palm Springs FCU data loss.
The NCUA alleged in a lawsuit that Maria Hernandez, the former CEO of the failed El Paso Federal Credit Union, stole millions to buy homes in Texas, Florida and Nevada, to pay for lavish trips and for gambling.
The NCUA seeks to recover damages from a credit union failure allegedly caused by internal fraud.
William Bruns has been selected to be the NCUA's next deputy inspector general.
William Bruns brings more than 26 years of federal auditing experience to the position.
It’s been about a year since two employees at the $1.6 million Enterprise Credit Union pleaded guilty to embezzling almost $1 million over a period of 10 years, but the topic still fuels the gossip mill in the small Kansas town. And, according to one prominent resident, the incident reduced...
“Once you break that type of trust, there’s no turning back.”
Small credit union also had its former NCUA examiner on its board, according to Inspector General's report.