NCUA FOM – Can a multiple common bond credit union add an adjacent area to a community obtained in an emergency merger?

Compliance > NCUA
Q:  Can a multiple common bond credit union add an adjacent area to a community obtained in an emergency merger?
 
A:  No.  You cannot expand a community obtained through an emergency merger.    
 
     
 
ADDITIONAL INFORMATION:
This information was obtained from the NCUA’s website, Chartering and Field of Membership Resources page -    https://www.ncua.gov/services/Pages/field-of-membership-chartering.aspx
 

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