Yes, the adjacent area must be contiguous to your existing community area, and the population as a whole must not exceed 2.5 million. A credit union can add an immediately adjacent area falling outside a Single Political Jurisdiction, Core-Based Statistical Area or Combined Statistical Area. To add the adjacent area, the credit union must develop a written narrative showing compelling evidence of interaction or common interests.
contiguous, population, 2.5 million, single political jurisdiction, core base statistical area, combined statistical area, CBSA, CSA, adjacent, interaction, common interest
As a community chartered credit union, does our service area have to be adjacent to a MSA that is under 2.5 million people to serve it?
Last updated on 02/12/19