NCUA FOM – Can a “grandfathered” community credit union whose charter area exceeds the 2.5 million population cap still apply to add an adjacent CSA or county?

Compliance > NCUA
Q:  Can a “grandfathered” community credit union whose charter area exceeds the 2.5 million population cap still apply to add an adjacent CSA or county?
 
A:  No.  If your community area’s population is greater than 2.5 million, you are unable to expand.
 
     
 
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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