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Chartering and Field of Membership for Federal Credit Unions

NCUA · final-rule · Published 2010-06-25 · Effective 2010-07-26 · 75 FR 36257

Document

Document number
2010-15130
Federal Register citation
75 FR 36257
CFR reference
12 CFR 701
Type
Rule
Action
Final rule.
Category
final-rule
Agency
US National Credit Union Administration
Publication date
2010-06-25
Effective date
2010-07-26

Abstract

NCUA is amending its chartering and field of membership manual to update its community chartering policies. These amendments include using objective and quantifiable criteria to determine the existence of a local community and defining the term "rural district." The amendments clarify NCUA's marketing plan requirements for credit unions converting to or expanding their community charters and define the term "in danger of insolvency" for emergency merger purposes.

Source

Authoritative
Federal Register document
Machine
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