NCUA FOM – Does an office or industrial park include an apartment complexes and thereby any renters?

Compliance > NCUA
Q:  Does an office or industrial park include an apartment complexes and thereby any renters? 
 
A:  No.  The residents of an apartment (or similar buildings such as a condominium or a town home) would not qualify as a building tenants are not an occupational (employer-based) common bond group.
 
 
 
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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