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Organization and Operations of Federal Credit Unions

NCUA · final-rule · Published 2001-03-20 · Effective 2001-03-20 · 66 FR 15619

Document

Document number
01-6804
Federal Register citation
66 FR 15619
CFR reference
12 CFR 701
Type
Rule
Action
Interim final rule with request for comments.
Category
final-rule
Agency
US National Credit Union Administration
Publication date
2001-03-20
Effective date
2001-03-20

Abstract

The NCUA Board is amending its chartering and field of membership manual to make two changes to ease the burden on applicants for community charters, expansions or conversions. First, applicants need not submit documentation to establish a community area that is the same as one the NCUA has previously determined to be a well-defined local community, neighborhood or rural district. Second, the Board is deleting the category of common characteristics and background of residents from the examples of acceptable documentation because it has proven to generate documentation of limited relevance.

Source

Authoritative
Federal Register document
Machine
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