In a state-to-federal charter conversion, as a multiple common bond, the Chartering Manual states, "new federal charter may retain in its FOM any group that the state credit union was serving at the time of conversion." Does "any group" include counties?

No, it does not.  In a federal charter, a "group" is either an occupational or associational entity; it does not include a geographical area.  However, a multiple common bond federal credit union can have geographic areas in its field of membership that qualify as an underserved area.  If a state chartered credit union has an undeserved area within its field of membership, it could potentially transfer to the continuing federal credit union’s field of membership.  The state chartered credit union’s underserved area would have to, when it was approved, have met NCUA’s underserved area requirements, and if not, currently meet NCUA’s undeserved area requirements.   mergers, group, underserved areas, multiple common bond, conversion, retain, state charter, federal charter, community