Audit of the NCUA's Compliance with its Examiner-in-Charge Rotation Policies and Procedures

The National Credit Union Administration (NCUA) Office of Inspector General (OIG) conducted this self-initiated audit to assess the NCUA’s compliance with its examiner-in-charge rotation policy and procedures. The objectives of our audit were to determine whether the NCUA: (1) rotated examiners-in-charge in the regions and the Office of National Examinations and Supervision (ONES) in accordance with established requirements, (2) adequately maintained all written approved exceptions to the rotation policy, and (3) assigned examiners-in-charge to perform examinations of federal credit unions or federally insured state-chartered credit unions in accordance with established grade level requirements. The scope of our audit covered the period from January 1, 2015, through December 31, 2022. However, due to timing, we expanded our scope for some examinations to determine whether rotation of examiners-in-charge occurred as prescribed by the National Supervision Policy Manual (NSPM) or the ONES’ office practices, when applicable.