# Chartering and Field of Membership Manual
> **US National Credit Union Administration** · Final rule. · Published 2016-12-07 · Effective 2017-02-06 · 81 FR 88412
## Document
- **Document number:** 2016-26956
- **Category:** final-rule
- **Agency:** US National Credit Union Administration
- **Federal Register citation:** 81 FR 88412
- **CFR reference:** 12 CFR 701
- **Publication date:** 2016-12-07
- **Effective date:** 2017-02-06
## Abstract

The NCUA Board is comprehensively amending its chartering and field of membership rules to maximize access to federal credit union services to the extent permitted by law, and to organize the rules in a more efficient framework. The amendments will implement changes in policy affecting: The definition of a local community, a rural district, and an underserved area; the chartering and expansion of a multiple common bond credit union; the expansion of a single common bond credit union that serves a trade, industry or profession; and the process for applying to charter, or to expand, a federal credit union.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/2016/12/07/2016-26956/chartering-and-field-of-membership-manual)
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