The National Credit Union Administration has enhanced its website to allow members of the public to report fraud concerns associated with credit union employees, directors, or volunteers.
Individuals may choose to remain anonymous or provide contact information for appropriate agency staff to discuss their concerns. Agency officials said that the new form also allows for a description of the fraud and other critical information to help the NCUA evaluate the reported concerns.
The agency said that swift reporting of fraud allegations helps minimize risks, exposure, and losses, and helps agency officials take appropriate action against those involved.
The form states that information submitted may be shared with outside parties, including law enforcement, and that providing insufficient information will prevent the NCUA from taking appropriate action.