Federal credit union definition

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

• A Federal credit union may not invest in SMBS or securities that represent interests in SMBS except as described in paragraphs (1) and (3) below.

• Increase in general 12-year limitation of term of Federal credit union loans to 15 years.

• A Federal credit union may pur- chase shares or deposits in a corporate credit union, except where the NCUA Board has notified it that the cor- porate credit union is not operating in compliance with part 704 of this chap- ter.

• A Federal credit union may invest in a fixed or variable rate collateralized mortgage obligation/real estate mort- gage investment conduit.

• Upon its finding that a Federal credit union insured under this subchapter is bankrupt or insolvent, the Board shall close such credit union for liquidation and appoint itself liquidat- ing agent therefor.

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 duly organized under the laws of the

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 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 #]. The United States District Court for the District of Massachusetts has authorized this Notice; it is not a solicitation from a lawyer.