Conversion of Insured Credit Unions to Mutual Savings Banks

  1. Law
  2. CFR 12
  3. Banks and Banking
  4. National Credit Union Administration
  5. Regulations Affecting Credit Unions
  6. Bank Conversions and Mergers
  7. Conversion of Insured Credit Unions to Mutual Savings Banks

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Section
708a.101

Definitions.

Section
708a.102

Authority to convert.

Section
708a.103

Board of directors' approval and members' opportunity to comment.

Section
708a.104

Disclosures and communications to members.

Section
708a.105

Notice to NCUA.

Section
708a.106

Membership approval of a proposal to convert.

Section
708a.107

Certification of vote on conversion proposal.

Section
708a.108

NCUA oversight of methods and procedures of membership vote.

Section
708a.109

Other regulatory oversight of methods and procedures of membership vote.

Section
708a.110

Completion of conversion.

Section
708a.111

Limit on compensation of officials.

Section
708a.112

Voting incentives.

Section
708a.113

Voting guidelines.