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.

If taxation is the future of our movement, it should be directed at large, bank-like credit unions in order to protect smaller institutions that have stayed true to our founding spirit.

The $269 million credit union will now serve York County in addition to Cumberland County

There are a host of new growth opportunities for credit unions in the year ahead, but CUs must be proactive if they hope to mkae the most of them.

Credit unions are still learning how to make the most of the agency’s modernization of the field of membership regulations. Here’s what you need to know.

U.S. Reps. Gwen Moore and Paul Cook introduced a bill this week would allow more credit unions to expand their fields of membership to underserved communities.

A decision by New York's Department of Financial Services will allow students, faculty and others who join at in-school branches to continue as members even after they leave the school.

A recent change raises geographic FOM potential by 50 percent, which could help CUs in some of Britain’s most heavily populated areas.

California State & Federal Employees Credit Union was approved to expand its FOM to Humboldt, Del Norte and Trinity Counties

The credit union has also added staff to better manage expanded hours beginning later this month.

Moore said the bill would allow credit unions of all charter types to add underserved areas to their fields of membership.