Field of membership

A federal judge struck down two provisions of the National Credit Union Administration's embattled field of membership regulation as "manifestly contrary to statute," while upholding two others.

A federal judge has upheld two provisions from NCUA's revised field-of-membership rule but struck down two other measures related to population centers.

Following a charter change from employee-based to a community-based field of membership, the credit union said the new name will help it reach its new base.

The credit union is Kentucky's largest and has experienced more than two decades of steady growth.

The National Credit Union Administration’s defense of changes to a field-of-membership rule was challenged by a federal judge on Wednesday, suggesting an American Bankers Association lawsuit against the revisions may be successful.

The Senate will resume discussions on S. 2155, while the House focuses on the TAILOR Act and other measures.

The National Credit Union Administration has approved a field of membership expansion for the Myrtle Beach-based credit union.

The name change is tied to a field-of-membership expansion, as the credit union moved from a SEG-based institution to a community charter.

The credit union expanded its reach from serving three counties to 20 counties in western and central Montana.

Camden R. Fine and the Independent Community Bankers of America would be better off if they spent more time protecting community banks and less time attacking credit unions.