|2017-03-08 14.02 Field of Membership Expansion - NCUA Rule Changes.mp4|
Field of Membership Expansion - NCUA Rule Changes
CUA has made important changes to its field of membership rules for federal credit unions. These changes provide greater flexibility to FCUs in their efforts to expand their charters and grow their membership.
The new rules effect major changes in all of the following key areas:
- community charters
- rural districts
- underserved areas
- multiple common bond charters
- trade, industry or profession charters
Listen to the webinar for vital information on the substance of these field of membership changes and the opportunities they present for your credit union.
Speaker: Robert Fenner
Robert Fenner's experience includes 37 years as an attorney for the NCUA, the last 27 of those years as NCUA's chief legal officer. Fenner's experience in credit union law and regulation, as well as examination and supervisory issues, is unparalleled. Professional recognition includes the NCUA Board's Gold Medal for Meritorious Service and the Federal Bar Association's Banking Law Committee's Richard Peterson Award for contributions to financial institutions law and policy. Robert Fenner is the President and CEO of RMF Consulting and is a member of the Federation's CU Breakthrough consulting group.