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Credit Union Charter, Examination, Supervision, and Insurance - #44.001

Staff will explain Federal credit union chartering requirements to any interested group, will help with the preparation of the charter application, will assist a newly chartered credit union to begin operation, and will assist credit unions and their members in consumer matters. Grant of a Federal charter will provide $250,000 depositor insurance on individual accounts and $250,000 on Retirement accounts. State- chartered credit unions are eligible to apply for depositor insurance in accordance with applicable State laws.

No Credentials or documentation are required. This program is excluded from coverage under OMB Circular No. A-87.

Not Applicable.

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