NCUA FOM – When adding an adjacent area outside of a CBSA, is the credit union also required to serve a portion of the CBSA in addition to the adjacent area?

Compliance > NCUA
Q:  When adding an adjacent area outside of a CBSA, is the credit union also required to serve a portion of the CBSA in addition to the adjacent area? 
 
A:  A credit union can serve an area adjacent to a Core-Based Statistical Area, but the adjacent area must be contiguous to the credit union’s proposed community (whether an entire CBSA or a portion of it), and the population as a whole must not exceed 2.5 million.          
 
     
 
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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