Thank you for sharing!

Your article was successfully shared with the contacts you provided.

Many credit unions have a field of membership that includes associations that often anyone can join. Up until recently, it was possible for credit unions to broaden their FOM requirements to gain access to more members. But on April 30, the NCUA Board released new rules that limit the ways some federal credit unions can become “all access.”

As a communications professional working with credit union clients, the most pressing consideration isn’t whether state-chartered credit unions should follow federal regulations, whether large credit unions that function like banks should still receive tax breaks, or whether something is fair or unfair.

Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.