Inspector General History
The NCUA Board established the NCUA Office of Inspector General (OIG) on March 20,
1989 by Board Action Memorandum in response to the Inspector General (IG) Act amendments
of 1988. The law required the NCUA and 32 other smaller Federal agencies, known
as the "designated Federal entities", to establish and maintain such offices. The
NCUA Board substituted the Inspector General’s office for the existing Office of
Internal Audit.
In another action, the Board transferred to the OIG all the functions, powers and
duties of the Office of Internal Audits, except for the processing of appeals from
Regional Office decisions which was transferred to the Office of General Counsel.
This action was required by the IG Act, which prohibits agencies from transferring
to OIGs any "program operating responsibilities" (5 USC Section 9(a)(2)). Title
12 CFR Part 790(a)(6), regarding the General Organization of NCUA, was revised to
describe the new OIG.