Domestic credit union definition

Domestic credit union means a cooperative, nonprofit entity organized under this act for the purposes of encouraging thrift among its members, providing a variety of financial services to its members, and providing an opportunity for its members to use and control their own money on a democratic basis in order to improve their economic and social condition.

Examples of Domestic credit union in a sentence

  • FORMATION AND OPERATION 490.301 Domestic credit union; membership; organization; approval by commissioner; notice; disapproval; request to reconsider; hearing; appeal; retention by commissioner of original certificate of organization and bylaws; delivery; form.Sec.

  • June 1, 2004.490.406 Domestic credit union; powers authorized by credit union board; acquisition of interest in real property; definitions.Sec.

  • June 1, 2004.490.352 Domestic credit union; membership; composition; field of membership; application; approval by commissioner; revision; extension.Sec.

  • ARTICLE 4DOMESTIC CREDIT UNION POWERS PART 1GENERAL PROVISIONS 490.401 Domestic credit union; powers.Sec.

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