NCUA FOM – Could an office building with 2,500 employees at one company (tenant) and 2 other companies with each 500 employees for a total of 3,500 employees in the building be requested?

Compliance > NCUA
Q:  Could an office building with 2,500 employees at one company (tenant) and 2 other companies with each 500 employees for a total of 3,500 employees in the building be requested?    
 
A:  Yes.  Each individual tenant located in the office or industrial park must employee fewer than 3,000 employees that work at that location.  Any tenant employing 3,000 or more at that location would have to be requested as an individual group, and would not be eligible to join the credit union through this specific process.   
 
 
 
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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