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NCUA outlines CSA, CBSA application requirements

first_img ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr Amendments to the NCUA’s chartering and field-of-membership rules go into effect Oct. 14, NCUA Chairman Rodney Hood wrote in a letter to federal credit unions (20-FCU-03). These changes will allow a credit union applying for NCUA approval of a community charter, expansion, or conversion to designate a Combined Statistical Area (CSA) or an individual, contiguous portion of a CSA as a well-defined local community (WDLC) if the area has a population of 2.5 million or less.Beginning Oct. 14, 2020, prospective and existing federal credit unions seeking a community charter may use a CSA or portions of a CSA (within certain limitations, as defined in the rule) as a basis for defining their proposed service area without documenting how a CSA’s residents interact or share common interests.The rule also clarifies that an applicant credit union must provide the NCUA with the business rationale used to define a CSA or Core-Based Statistical Area (CBSA) if the defined area does not include an area’s largest county or named city. continue reading »last_img read more

Cooney available for Leinster Final selection

first_imgThat’s despite receiving a straight red card against Offaly in the semi final.Offaly’s Colin Egan was also sent off in that game but his suspension for Saturday’s qualifier with Wexford stands.  Meanwhile, Cork and Limerick meet in the Bord Gais Energy Munster Under-21 Hurling quarter-final tonight.Throw-in at Pairc Ui Rinn is at half-past seven.last_img