NCUA FOM – My credit union is located in the District of Columbia, so can I via the honorably discharged veterans expand my market into Maryland and Virginia?

Compliance > NCUA
Q:  My credit union is located in the District of Columbia, so can I via the honorably discharged veterans expand my market into Maryland and Virginia?
 
A:  No.  This authority only applies to military groups already named within a federal credit union’s field of membership.  It is not available if a credit union serves governmental groups or if military persons reside or work within your service area.   
 
 
 
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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