Emboldened by a federal appeals court ruling, credit unions are rolling out the welcome mat to thousands of new members.

The ruling, issued Tuesday by the U.S. Court of Appeals for the District of Columbia Circuit, allows so-called occupation-based credit unions to resume broad membership recruitment efforts. A lower court had blocked these efforts in October, throwing out membership rules that the National Credit Union Administration had expanded over seven years.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.