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The Community Impact Fund

Credit Union field of Membership expansion regulation research/memo

By helping expand a Credit Unions field of membership we will be able to help more people.

Posted July 16, 2022

Work & Deliverables

There are regulations from the NCUA (National Credit Union Administration) that we believe will allow a Credit Union to increase it's field of membership through multiple common bond charters through a partnership with a Nonprofit. We have had this request from multiple Credit Unions and need to understand how this would work. If this could be accomplished it would allow us to impact more people as they can increase their field of membership. Link to regulation: https://www.ncua.gov/regulation-supervision/manuals-guides/federal-credit-union-charter-application-guide/phase-1/choose-field-membership/section-b

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Additional Information

  • Time Commitment: 1-5 hours
  • Training Provided: No
  • Site-Preference: Remote
  • Open to Law Students: No
  • Bar License(s) required: Colorado
  • Required Languages: None
  • Required Legal Expertise: Litigation
  • Mentoring Provided: No
  • Supervision Provided: No
The Community Impact Fund

The Community Impact Fund is a 501c3 Impact Fund that helps Organizations and Individuals maximize the impact of their giving in a leveraged and sustainable way. Our “Mission” is to help organizations meet the needs of people in their community by providing the education and technology to create sustainable and scalable community impact.

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