Corporate central credit union definition

Corporate central credit union means a credit union operated for the primary purpose of serving corporate accounts. A credit union is deemed to be a corporate central credit union when its total dollar amount of outstanding corporate loans plus corporate share and deposit holdings is equal to or greater than seventy-five percent of its outstanding loans plus share and deposit holdings.
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Corporate central credit union means a credit union operated for the primary purpose
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Corporate central credit union means a cooperative organization whose members consist primarily of other credit unions and whose purposes are:
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More Definitions of Corporate central credit union

Corporate central credit union means a credit union whose field of membership consists primarily of other credit unions including credit unions chartered by this state, by another state or territory of the United States, or by the United States.
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Related to Corporate central credit union

  • Credit Union means the registered society.

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  • Municipal Finance Management Act means the Local Government: Municipal Finance Management Act, 2003 (Act No. 56 of 2003);

  • Federal credit means the Low Income Housing Tax Credit established by the federal government for the purpose of encouraging the development of affordable housing and governed by the Code.

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  • Rate Center Area means the following in each applicable area:

  • community centre means any school, railway station, police station and other location providing a service to the community;

  • Clean energy means energy generation that is 90% or

  • Crosswalk means that part of a roadway at an intersection included within the connections of the