NCUA Ch. Matz said the FOM proposal is the result of enforcement actions taken where CUs advertised open FOMs.
20 minutes ago
.@TheNCUA wants to know if there are other categories that should get automatic approval, staff says.
22 minutes ago
Alumni,homeowner assoc,labor unions, electric coops,scouting & church groups,assn. to further culture of nt'l or ethnic group are auto OKed.
24 minutes ago
Corporate separateness also would be required under FOM proposal. Separate physical location from FCU too.
29 minutes ago
An association must be found not to have been found to be formed for the purpose of being added to FOM, @TheNCUA says.
30 minutes ago