Chartering and field of membership manual

 · A credit union’s field of membership is the legal definition of who is eligible to join. Credit unions often want to expand their fields of membership to include additional potential members. Federal credit unions operate under one of three kinds of charters: single common bond, . The National Credit Union Administration's (NCUA) chartering and field of membership policies are directed toward achieving the following goals: • To encourage the formation of credit unions; • To uphold the provisions of the Federal Credit Union Act; • To promote thrift and credit extension;.  · The NCUA Chartering and Field of Membership Forms. Users can print out and use the versions of the following NCUA Chartering and Field of Membership Forms that are listed below. All of these forms are in PDF. NCUA (opens new window) - Conversion of State Charter to a Federal Charter – Federal Credit Union Investigation Report.

NCUA has implemented the Federal Credit Union Act's (FCU Act) FOM requirements [ 1] in NCUA's Chartering and Field of Membership Manual (Chartering Manual), which is incorporated as Appendix B to part of NCUA's regulations. [ 2]. The NCUA's Chartering and Field of Membership Manual, incorporated as Appendix B to Part of the NCUA regulations (Chartering Manual), implements the chartering and FOM requirements that the Act establishes for FCUs. NCUA's Chartering and Field of Membership Manual, incorporated as Appendix B to part of its regulations (“Chartering Manual”), [ 1] implements the field of membership (“FOM”) requirements and limitations established by the Federal Credit Union Act (“the Act”) for federal credit unions (each an “FCU”). [ 2].

Chartering and Field of Membership Manual, NCUA Interpretive Ruling and. Policy Statement (IRPS) Credit unions should refer to the full text of Part. 1 This process is authorized by parity with federal credit unions and is described in the NCUA Chartering and Field of Membership. Manual. APPLICATION FOR FIELD OF MEMBERSHIP AMENDMENT. NCUA FORM A wording found in NCUA's Chartering and Field of Membership Manual.