Archive Recording: NCUA's New Field of Membership Rules: What Do They Mean for My Credit Union?

On June 21, 2018 NCUA passed new field of membership rules (FOM) that give credit unions flexibility in defining a community/service area. This was after rules approved in October 2016 by NCUA were challenged and portions overturned in court. With new rules in place, an appeal on the court ruling pending, and the potential of on going challenges, where does field of membership stand today?

Despite this changing regulatory environment, FOM policy still matters for every credit union in America that wants to grow. After all, new income requires new loans which require new accounts which require new members which require more eligible members which require more field of membership opportunity. The daisy chain of credit union financial success begins with field of membership.

NCUA's new FOM rules will change the potential membership eligibility playing field for all federally insured credit unions. In this webinar, former NCUA Chairman Dennis Dollar and former NCUA Chief of Staff Kirk Cuevas take an in-depth look at the history behind this rule and the practical implications for credit unions.

As leading experts in credit union field of membership, former NCUA Chairman Dennis Dollar and former NCUA Chief of Staff Kirk Cuevas will walk attendees through the new field of membership rules and practical implications for credit unions.

Don’t miss out on the discussion and insights that this challenging and enlightening presentation will provide. This presentation will give any strategic minded credit union leaders the tools necessary to evaluate and respond to recent changes to the NCUA field of membership manual and analyze the true impact of potential changes on the credit union's goals.

Original Date: Wednesday July 18, 2018

 


Price: $ 95.00