Association seeking feedback related to court’s FOM ruling


The New York Credit Union Association is seeking feedback from credit unions directly affected by a recent U.S. district court ruling invalidating parts of NCUA’s field of membership rule.

Specifically, the Association is interested in speaking with credit unions that have been contacted by the agency, had their charter expansions reversed, or had their plans for a community charter expansion stymied as a result of the ruling.

The feedback and information will be used to help the Association determine possible next steps in addressing the court’s ruling.

To contact the Association, email

As previously reported in The Point, judge Dabney Friedrich of the U.S. District Court for the District of Columbia last month found that NCUA exceeded its statutory authority when it promulgated regulations that automatically qualify a combined statistical area with fewer than 2.5 million people to be a local community, and increased to 1 million people the population limit for rural districts.

Friedrich upheld two other challenged provisions in the regulations. One of those provisions allows credit unions to serve Core-based Statistical Areas without serving the “core” of that area, and the other allows credit unions to serve adjacent areas to well-defined local communities.

At the time, Association President/CEO William J. Mellin issued the following statement:

“The New York Credit Union Association disagrees with the court’s ruling that NCUA overstepped its authority when it modernized its field of membership rules. NCUA correctly and accurately understood that their field of membership rules needed to be updated to reflect the changing nature of financial services. Going forward, we urge NCUA to continue to pursue every effort to uphold its rulemaking authority, and the Association will explore all of our options for assisting the agency, credit unions and their members.”

Leave a Reply