Corporate credit union definition

Corporate credit union means a credit union whose field of membership consists primarily of other credit unions.
Corporate credit union means a credit union, eligibility for membership in which is being a credit union qualified to do business in this state. Such credit union shall use the term "corporate" in its official name.
Corporate credit union means any credit union organized pursuant to any state or

Examples of Corporate credit union in a sentence

  • Corporate credit union authority to invest in or loan to a corporate CUSO is limited to that provided in this section.

  • For purposes of this subrule, the U.S. dollar-denominated London Interbank Offered Rate (LIBOR) is a domestic interest rate.17.14(2) Corporate credit union shares or deposits.

  • Corporate credit union investments in and lending to CUSOs that are not corporate CUSOs are subject to part 712 of this chapter, except that investment and loan limitations and due diligence requirements are governed by this section.

  • Corporate credit union authority to in- vest in or loan to a corporate CUSO is limited to that provided in this sec- tion.

  • Corporate credit union investments in and lending to CUSOs that are not corporate CUSOs are subject to part 712 of this chapter, except that investment and loan limi- tations and due diligence requirements are governed by this section.


More Definitions of Corporate credit union

Corporate credit union means any credit union organized pursuant to any state or federal act for the purpose of serving other credit unions.
Corporate credit union means a credit union with an institutional field of membership, as set forth in G.S. 54-110.1 and G.S. 54-110.2.
Corporate credit union means a credit union whose field of
Corporate credit union means a Federal or state-chartered credit union primarily serving other credit unions. A credit union is primarily serving other credit unions when the total dol- lar amount of the shares and deposits received from other credit unions plus loans to other credit unions exceeds 50 percent of the total dollar amount of all shares and deposits plus loans dur- ing the qualifying period, as defined in paragraph (o) of this section.
Corporate credit union means a credit union registered pursuant to section 6(6);
Corporate credit union means a domestic credit union described in section 302.
Corporate credit union means a Credit credit Union union with an institutional field of