Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Washington
Hagen Is New NCUA Inspector General
ALEXANDRIA, Va. (4/24/13)--James Hagen will serve as the National Credit Union Administration's new Inspector General effective June 1, the agency announced on Tuesday.

Hagen will succeed the retiring William DeSarno.

NCUA Chair Debbie Matz said in a release that Hagen, who is the NCUA's deputy inspector general for audit, "is a dedicated and well-qualified public servant who will assume a very important role at NCUA." Hagen's "deep knowledge of financial services issues, background as an inspector general and familiarity with NCUA's operations make him ideally suited for this new role," she added.

Hagen has worked with the agency since 2005. He has also served in the inspector general's offices of the U.S. Postal Service, the Social Security Administration, and the Treasury Department, the NCUA said.

DeSarno will retire after 16 years with the NCUA, and more than 44 years of overall government service. NCUA board member Michael Fryzel said DeSarno "has handled a tough job in a fair, consistent and independent manner. His efforts to modernize and make the Inspector General's office more responsive and involved in improving the agency are well recognized."

Matz also hailed DeSarno's work during the financial crisis. "His accurate insights and careful analysis of complex issues will benefit NCUA and credit unions for many years to come," she said.

For the full NCUA release, use the resource link.
Other Resources

NCUA Release
RSS print
News Now LiveWire
#creditunion affinity card programs make the grade for schools See #NewsNow http://t.co/TThZIvMRTO
12 hours ago
Home-price appreciation softens further in July #NewsNow #Market http://t.co/0MXVy9sby0
13 hours ago
.@ChartwayFCU charitable arm, the We Promise Foundation, has reached the $1M fundraising milestone in a single year for the first time
14 hours ago
.@mncreditunions' Mark Cummins shares CU difference with @KIMTNews3 http://t.co/gkarhZxDRF
15 hours ago
.@LeagueofSECUs' brand campaign reaches 80M consumers #NewsNow #System http://t.co/yKmdYyXN2v
16 hours ago