Ahead of Report Alleging Misconduct at NCUA, Hood Issues Statement

ALEXANDRIA, Va.—Ahead of the expected release of a report by NCUA’s Office of Inspector General related to allegations of misconduct within the agency, NCUA Chairman Rodney Hood has issued a statement saying he is “surprised and disappointed” to learn of the allegations.

Rodney Hood

CUToday.info has filed a Freedom of Information Act request for the report and will have coverage when it becomes available.

In the statement ahead of release, Hood said in November of 2019 the agency learned about the “allegations of behaviors that may have constituted harassment, which were immediately reported to the Office of Inspector General. Because the accusations involved possible abuse of work time, the Inspector General opened an investigation.”

The resulting investigative report was issued to the NCUA board in February 2020.

“I was surprised and disappointed to learn of the activities described in the report,” said Hood in the statement. “They are unacceptable and do not represent the values of this agency.

“Ensuring a professional work environment for all employees is a top priority. The NCUA is evaluating the organization’s policies and processes for reporting allegations and is taking additional actions. These actions include requesting the NCUA board create an Office of Ethics Counsel, supplementing our existing anti-harassment training programs, and offering additional third-party counseling services to employees.

“Harassment and misconduct have no place at the NCUA. These types of behaviors are unacceptable and will not be tolerated,” Hood continued. “The agency is committed to creating a culture where we treat every employee with the utmost respect and dignity.”

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