# Organization and Operations of Federal Credit Unions
> **US National Credit Union Administration** · Final amendment to interpretive ruling and policy statement 94- 1 (IRPS 98-1). · Published 1998-01-29 · Effective 1998-03-01 · 63 FR 4372
## Document
- **Document number:** 98-2076
- **Category:** interpretive
- **Agency:** US National Credit Union Administration
- **Federal Register citation:** 63 FR 4372
- **CFR reference:** 12 CFR 701
- **Publication date:** 1998-01-29
- **Effective date:** 1998-03-01
## Abstract

The NCUA Board is updating the requirements for a credit union converting to a community charter. The final amendment deletes the requirement that a credit union converting to a community charter provide evidence of community support, since such evidence is not necessary for the agency to determine the economic viability of the credit union.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/1998/01/29/98-2076/organization-and-operations-of-federal-credit-unions)
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