How to charter federal and state credit union?

---

Request for Question Clarification by pafalafa-ga on 17 Dec 2004 11:39 PST

chullhuh-ga,

Federal charters are granted by NCUA -- the National Credit Union
Administration.  Their manual can be found here:

http://www.ncua.gov/RegulationsOpinionsLaws/charter_manual/2003CharteringandFOMManual.pdf

It fully describes the process to apply for a new charter, or to amend
an existing charter.

Chapter 1 gives most of the details about starting up a new charter. 
Chapter 4 discusses the relationship (and conversion options) between
state and federal charters.

Let me know if this document meets your needs as far as federal and
state charters go, and if it doesn't, then please let me know what
additional information you need.

Thanks.

pafalafa-ga