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The NCUA board listens to the explanation of the FOM rule by staff. The board includes, from left to right, Board Member J. Mark McWatters, Chairman Debbie Matz and Vice Chairman Rick Metsger.

The NCUA board on Thursday approved a proposed field of membership rule that modified the definition of service facility for multiple common bond credit unions to include a transactional website or mobile platform that, at a minimum, accepts deposits or loan applications, or disperses loans. 

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