DIY Credit Union: First regulatory milestone complete

Posted by Jesse Robbins

December 15th, 2006 Other posts by Jesse Robbins

brfcu-fom-public.jpgJust 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!

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Entry Filed under: Updates, regulation, process, NCUA

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