As the NCUA changes the rules around field of membership, more charter options are available for new and existing credit unions. For years, the dual charter system has featured more federal charters converting to state charters ...

When considering a field of membership expansion, you may run into an overlap with another credit union's field of membership. Depending upon your charter type, you may need to submit an overlap letter to the NCUA. Overlaps are ...

When Educational Systems Federal Credit Union was approached by CarCo Federal Credit Union about a merger, field of membership was a primary consideration in agreeing to the combination. As the name suggests, Educational Systems ...

Immediate Release

The NCUA can be pretty restrictive about who’s eligible to join federal credit unions. That’s why it may surprise you how many groups are automatically allowed to be added to your field of membership. A number of persons, by ...