No. A credit union does not have to have a service facility located in the strip mall. However, as with any other group a multiple common bond credit union desires adding, the office or industrial park group must be within reasonable proximity of the credit union's service facility.
Office Park and Industrial Park Tenants, 4015-EZ, housekeeping amendment, tenants, criteria, site, 3,000, occupational, employer based, multiple common bond, strip mall
Does a credit union need to be located in the strip mall or does the reasonable proximity standard apply?
Last updated on 02/12/19