No. A federal credit union cannot submit a request to serve a community that includes both a well-defined local community and a rural district. A community area can consist of either a "well-defined local community" or a "rural district." However, an adjacent area can be added to a Core-Based Statistical Area if it qualifies as a well-defined local community supported by a narrative evidencing interaction or common interests.
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Is it correct to say that a community federal credit union can serve a CBSA, an adjacent area (assuming there is appropriate interaction between the communities), and an area designated as rural?
Last updated on 02/12/19