The NCUA is offering guidance for groups seeking to apply for a federal credit union charter.
The agency released the new Federal Credit Union Charter Application Guide Monday, which offers step-by-step instructions on how to start a credit union and outlines the NCUA's expectations for the charter application.
The guide also includes answers to frequently asked questions about the amount of time required to obtain a charter, the amount of start-up capital necessary and the availability of consulting services from NCUA's Office of Small Credit Union Initiatives.
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