DIY Credit Union: First regulatory milestone complete
Just a quick note to let everybody know we filed our proposed Field of Membership with the NCUA today. Our Field of Membership defines the community we are legally permitted to serve. There are numerous regulations about who and how a credit union can define it’s “Common Bond”, and we hope we’ve defined ours accordingly.
As always, comments, questions and feedback are requested and encouraged!
2 comments December 15th, 2006
