WASHINGTON — Federal credit unions will find out exactly whatNCUA examiners are looking for in an identity-theft prevention planwhen the agency sends out a checklist early next week.

“NCUA examiners will be reviewing federal credit unions'compliance with the Identity Theft Red Flags and AddressDiscrepancies rule as part of NCUA's normal examination process.For those federal credit unions not in compliance, examiners willconsider the credit union's progress and compliance efforts to datewhen developing appropriate plans for implementation,” the agencysaid in a statement.

The agency will send the material via express mail.

The rules require financial institutions to identify Red Flagsthat could make them vulnerable to security breaches and come upwith plans to prevent them.

Federal credit unions must have a plan in place by tomorrow.

The Federal Trade Commission, which originally had also set anOct. 1 deadline, announced last week that they won't take anyenforcement actions on state-chartered credit unions until May 1.That agency said it was responding to complaints from somefinancial institutions that they had not received sufficientguidance from the government.