Wednesday, June 15, 2016

Kellogg Community Switches to State Charter

Kellogg Community Federal Credit Union (Battle Creek, MI) switched from a federal to state charter, effective June 1.

By becoming a state chartered credit union, Kellogg Community can expand its field of membership to include 15 Southwestern Michigan counties.

This abandonment of the federal charter will cause the National Credit Union Administration (NCUA) to further push the envelope on field of membership issues, as NCUA competes with the states on membership requirements.

Read the press release.
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