Thank you for sharing!

Your article was successfully shared with the contacts you provided.

Michael E. FryzelThe recent disclosure that an NCUA examiner lost the flash drive containing confidential information of members of Palm Springs Federal Credit Union was unfortunate and troubling. It was unfortunate for it to have happened at all but more troubling is the failure of the NCUA to disclose when it occurred, not telling the industry that it happened and what steps the agency has taken to prevent its reoccurrence.

Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now

Copyright © 2018 ALM Media Properties, LLC. All Rights Reserved.