Search
 

Citadel Gets Expanded Community Charter

Citadel FCU will be able to serve an area of five million people in the Philadelphia area as a result of NCUA's decision to grant it a community charter.

By Claude R. Marx | Updated on April 07, 2009

Citadel FCU will be able to serve an area of five million people in the Philadelphia area as a result of NCUA’s decision to grant it a community charter.The agency granted the expansion at a closed meeting following its March 19 public meeting. It had planned to discuss the charter expansion during the public session but did it in closed session because several of the agency’s past charter decisions have been the subject of litigation, NCUA Chairman Michael E. Fyzel told Credit Union Times before the closed session.Citadel FCU, which served Chester County, Pa., can now serve Bucks, Delaware, Montgomery and Philadelphia counties.The credit union was founded in 1937 as the Lukens Steel Co. Employees Credit Union and became a community credit union in 1983.–[email protected]

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.

Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Recommended Stories

Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2024 ALM Global, LLC. All Rights Reserved.