Federal credit union means a credit union chartered under the Federal Credit Union Act.
Federal credit union means a credit union that is organized under the laws of the United States.
Federal credit union means a credit union organized and
Examples of Federal credit union in a sentence
After several hearings on the matter, the court determined that, based on the language contained in section 107(9) of the Federal Credit Union Act, 12 U.S.C. 1757(9), the NCUA could regulate Federal credit union borrowing but could not limit the source of borrowed funds for Federal credit unions.
On December 12,1978, the National Credit Union Administration (NCUA) published a proposed rule (43 FR 58096) to limit Federal credit union borrowing from natural persons to only those persons who are members of the Federal credit union.
As a result, a Federal credit union may borrow from individuals who are not members of the credit union, but all borrowing from individuals, whether members or nonmembers, is subject to the terms, conditions and limitations contained in the regulation.
More Definitions of Federal credit union
Federal credit union means any institution chartered or organized as a federal credit union pursuant to the laws of the United States having its principal office in this state;
Federal credit union means credit union as defined in Section 101 of the Federal Credit Union Act, 12 U.S.C. 1752(1).
Federal credit union means a credit union organized and operating under the laws of the United States.
Federal credit union means a credit union orga-
Federal credit union means a credit union orga- nized and operating under the laws of the United States.
Federal credit union. Dated: By: Its: President / Chief Executive Officer Dated: Xxxxx X. Xxxxxx Counsel for Workers Federal Credit Union Exhibit 1 – Email and Postcard Notice Xxxxx Xxxxxxxxxxx v. Workers Federal Credit Union NOTICE OF PENDING CLASS ACTION AND PROPOSED SETTLEMENT READ THIS NOTICE FULLY AND CAREFULLY; THE PROPOSED SETTLEMENT MAY AFFECT YOUR RIGHTS! IF YOU HAVE OR HAD AN ACCOUNT WITH WORKERS FEDERAL CREDIT UNION AND YOU WERE CHARGED CERTAIN INSUFFICIENT FUND OR OVERDRAFT FEES BETWEEN JULY 23, 2015, AND , THEN YOU MAY BE ENTITLED TO A PAYMENT FROM A CLASS ACTION SETTLEMENT The United States District Court for the District of Massachusetts has authorized this Notice; it is not a solicitation from a lawyer. You may be a member of the settlement Class in Xxxxx Xxxxxxxxxxx v. Workers Credit Union, in which the plaintiff alleges that defendant Workers Federal Credit Union (“Defendant”) unlawfully assessed certain Retry Fees between July 23, 2015, and . If you are a member of the Settlement Class and if the Settlement is approved, you may be entitled to receive a cash payment from the $437,500.00 Settlement Fund, benefits established by the Settlement. If you are a member of the Settlement Class, you will receive a payment from the Settlement Fund so long as you do not opt out of or exclude yourself from the Settlement. You do not have to do anything to be entitled to a payment from the Settlement Fund. The Court has preliminarily approved this Settlement. It will hold a Final Approval Hearing in this case on [INSERT DATE]. At that hearing, the Court will consider whether to grant Final Approval to the Settlement, and whether to approve payment from the Settlement Fund of up to $2,500.00 in a Service Award to the Class Representative, up to 33.33% of the Settlement Fund as attorneys’ fees, and reimbursement of costs to the attorneys and the Settlement Administrator. If the Court grants Final Approval of the Settlement and you do not request to be excluded from the Settlement, you will release your right to bring any claim covered by the Settlement. In exchange, Defendant has agreed to issue credit to your Account, payment to you if you are no longer a member, and/or to return certain Relevant Fees. To obtain a Long Form Notice and other important documents please visit [INSERT WEBSITE ADDRESS]. Alternatively, you may call [INSERT PHONE #]. If you do not want to participate in this Settlement—you do not want to receive a payment and you do not want to be bound by any jud...