National Credit Union Administration, Office of the Inspector General Semiannual Report to the Congress, October 1, 2011-March 31, 2012.

摘要

As this reporting period came to a close, the Office of Inspector General (OIG) took a retrospective view of where the credit union system was two years ago, and where it is now. Two years ago, the National Credit Union Administration (NCUA) had only begun to sort out its options for overcoming the crisis facing the corporate system. At the same time, the agency was confronting hundreds of CAMEL code 4 and 5 credit unions, 14 of which were over one billion dollars. Today, assets, shares, and return on assets have all increased, delinquencies and charge-offs have declined, and NCUAs corporate resolution is moving forward as planned, with no interruption of service to members. Still, while the recovery of the credit union system that began in 2010 gains momentum, the overall economic climate remains uncertain and instability of the financial markets lingers. We recognize that, as the NCUA and the OIG transition to a post-crisis period, it is more critical than ever that our work continues to contribute to the agencys obligation to operate as efficiently as possible and fulfill its responsibility to protect credit unions and their members from unacceptably risky actions.