Q: Does the rule allow a credit union serving one MSA to expand to a separate MSA it if can demonstrate common interests, particularly if the MSA is adjacent to our existing FOM?
A: Yes, if both Metropolitan Statistical Areas are part of the same Combined Statistical Area. A proposed community may also include an immediately adjacent area falling outside of the CSA. To include the adjacent area, the credit union must submit a narrative providing compelling evidence of interaction or common interest. NCUA will issue guidance to help credit unions develop a written narrative.