A proposed change to a federal credit union’s sponsoring organization's membership has raised questions about whether the federal credit union’s field of membership will still meet NCUA regulations.
ABA, NCUA question whether move from Lutheran to Christian in Thrivent Financial for Lutheran eligibility would affect firm's new credit union.
Thrivent Credit Union's sponsor is contemplating change that could sharply increase pool of potential credit union members.
With its chartering announcement last week, Thrivent Financial Federal Credit Union began life as a credit union again, an identity it has not held since Thrivent Financial was formed out of two credit unions in 2001.
Thrivent Financial for Lutherans will provide a potential membership of 2.5 million people nationwide.
Insurance, investment conglomerate working way through regulatory approvals to spin bank off into Wisconsin credit union.
This online only article accompanies the comprehensive looks at the year gone by in the Dec. 21 Year-in-Review print edition of Credit Union Times.