Credit Union Journal | Monday, December 3, 2012
A look at how the NCUA board spends money on travel reveals some inconsistencies, raising concerns just as NCUA is proposing a 6% total budget increase.
A Credit Union Journal investigation has found disparities in how members of the NCUA board spend money on travel.
The NCUA board booked more travel expenses for Chicago than any other U.S. city in the last four years.
In assembling this report on NCUA board travel, Credit Union Journal found the greatest challenge to be in obtaining expense receipts.
Pulitzer Prize-winning journalist Russell Carollo said his experience indicates the practice of reimbursing members of the NCUA board up to three times the allowable per diem is unusual for government agencies.