NCUA’s New Guide Simplifies, Clarifies Federal Credit Union Charter Application Process

The NCUA recently released its new Charter Application Guide and other resources to assist people in navigating the process of applying for a new federal credit union charter.

“Along with increasing access to safe, fair, and affordable financial products and services for credit union members, there is a real need to make this process less daunting,” said NCUA Chairman Todd Harper. “Organizing a new credit union takes time, resources, and commitment. A clear, step-by-step roadmap for applying for a federal charter helps organizers lay a foundation for success.”

Harper added, “My thanks go out to the NCUA team members for their excellent work on the new charter guide, to Board Member Rodney Hood for getting the ball rolling through the ACCESS Initiative, and to Vice Chairman Kyle Hauptman for his steadfast focus on new charters.”  View the entire press release​.