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Report File
Date Issued
Submitting OIG
National Credit Union Administration OIG
Other Participating OIGs
National Credit Union Administration OIG
Agencies Reviewed/Investigated
National Credit Union Administration
Report Number
OIG-22-06
Report Description

The National Credit Union Administration (NCUA) Office of Inspector General (OIG) conducted this self-initiated audit to assess the NCUA’s Minority Depository Institutions Preservation Program (MDIPP). The objective of our audit was to determine whether the NCUA’s MDIPP achieved its goals. The scope of our audit covered the NCUA’s actions to execute the MDIPP from January 1, 2019, through December 31, 2021

Report Type
Audit
Agency Wide
Yes
Number of Recommendations
2
Questioned Costs
$0
Funds for Better Use
$0

Open Recommendations

This report has 1 open recommendations.
Recommendation Number Significant Recommendation Recommended Questioned Costs Recommended Funds for Better Use Additional Details
2.OIG-22-06Recommendation Yes $0 $0

Implement and document in appropriate policy and procedures a process to validate whether minority depository institutions continue to meet the minority depository institution definition.

National Credit Union Administration OIG

United States