The credit union does not need to provide specific information on depository and non-depository facilities in the area. NCUA has resources to identify these institutions and will use that information to perform the Depository Facilities Test. You can email DCAmail@ncua.gov or call 703-518-1150 if you have questions on this process.
Underserved, multiple common bond, depository institution test, concentration of facility ratio, state chartered credit union, CFPB, underserved county, in lieu of
If the credit union is using CDFI to determine a "qualified underserved area" does the said credit union still need to provide specifics regarding the depository/non-depository facilities in that area?
Last updated on 02/12/19