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News Now

Washington
NCUA to investigate release of DC FCU report
ALEXANDRIA, Va. (11/9/11)--The National Credit Union Administration (NCUA) Tuesday said it would investigate the apparent leak of D.C. Government Employees FCU's credit union examination results. D.C. Government Employees FCU is currently led by Carla León-Decker. León-Decker was nominated by President Barack Obama in mid-October to become a member of the NCUA board.

The NCUA in a release said credit union examination results are confidential information and not for public release under the law.

"This trust has been violated in the case of DC Federal Credit Union," the agency added.

NCUA Chairman Debbie Matz said she is "personally confident" that the credit union's results did not leak from NCUA, but she has asked the NCUA's Office of the Inspector General "to fully investigate this issue, to determine which among the parties with access to the confidential examination information, whether NCUA or the credit union's board or management, took this illegal action."

"Once we have all the facts, we will determine what action is appropriate," Matz added.

The NCUA announcement came after a press report earlier in the day cited examination information that identified such things as DC FCU's CAMEL rating.


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