Credit unions that secured application approval for community expansion were:

The $279 million, 17,486-member Minnesota Valley Federal Credit Union in Mankota, Minn. (potential member increase: 188,407).
The $404 million, 24,465-member Altana Federal Credit Union in Billings, Mont. (potential member increase: 727,404).
The $137 million, 10,222-member Northern Hills Federal Credit Union in Sturgis, S.D. (potential member increase: 886,667).
The $333 million, 24,239-member Montana Federal Credit Union in Great Falls, Mont. (potential member increase: 992,293).
The $394 million, 25,457-member Jordan Federal Credit Union in South Jordan, Utah (potential member increase: 2,498,768).

Applications for credit unions that got the OK for underserved area charter expansion included:

The $3.9 billion, 247,175-member Founders Federal Credit Union in Lancaster, S.C. (potential member increase: 179,618).
The $2.8 billion, 122,923-member Eglin Federal Credit Union in Fort Walton Beach, Fla. (potential member increase: 265,427).
The $1 billion, 71,581-member First Commonwealth Federal Credit Union in Allentown, Pa. (potential member increase: 222,527).
The $78.6 million, 5,040-member Castparts Employees Federal Credit Union in Portland, Ore. (potential member increase: 177,362).
The $11.8 million, 1,369-member Lithium Federal Credit Union in Bessemer City, N.C. (potential member increase: 31,429).
Two underserved applications were approved for the $986 million, 69,551-member REV Federal Credit Union in Summerville, N.C. (potential member increase: 472,907).

Credit unions that received the NCUA's approval of common bond expansion charter applications for associational or occupational groups having more than 3,000 potential members were:

The $5.9 billion, 446,039-member Tinker Federal Credit Union in Oklahoma City (two associational in Choctaw and Lawton, Okla., and one occupational in Norman, Okla., for a total potential member increase of 52,000).
The $4.6 billion, 126,774-member Chevron Federal Credit Union in Concord, Calif. (two occupational in Pascagoula, Miss., and Novi, Mich., for a total potential member increase of 10,100).
The $2 billion, 159,676-member Barksdale Federal Credit Union in Bossier City, La. (two associational in Baton Rouge, La., and Sunnyvale, Calif., for a total potential member increase of 134,712).
The $5.1 billion, 331,309-member Service Federal Credit Union in Portsmouth, N.H. (one occupational in Plymouth, Mich., and one associational in San Francisco, for a total potential member increase of 99,607).
The $4.2 billion, 268,281-member Northwest Federal Credit Union in Herndon, Va. (one associational in Alexandria for a total potential member increase of 3,922).
The $67.1 million, 9,111-member Greater Pittsburgh Federal Credit Union in Pittsburgh, Pa. (one occupational for a potential member increase of 20,000).
The $2.1 billion, 107,875-member Advancial Federal Credit Union in Dallas, Texas (one occupational for a potential member increase of 4,120).
The $15.5 billion, 1,062,282-member Randolph-Brooks Federal Credit Union in Live Oak, Texas (one occupational for a potential member increase of 6,761).
The $1.4 billion, 89,819-member Operating Engineers Local Union #3 Federal Credit Union in Livermore, Calif. (one associational in Pasadena, Calif., for a potential member increase of 18,000).
The $273 million, 18,012-member Families and Schools Together Federal Credit Union in Hanford, Calif. (one associational in San Francisco for a potential member increase of 123,497).
The $752 million, 27,337-member CBC Federal Credit Union in Oxnard, Calif. (one associational in San Diego for a potential member increase of 328,095).

The report also showed 158 credit unions secured 2,222 automatic multiple common bond charter expansions for small occupational or associational groups with less than 3,000 people for a total potential membership increase of more than 900,000.

Instant Insights /

NCUA Approves Q2 Charter Expansion Applications

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