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Do we need a special “CDCU” charter or designation from the National Credit Union Administration (NCUA)?

April 26, 2017Administration cdcu Charter Credit Union National NCUA special

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Do we need a special “CDCU” charter or designation from the National Credit Union Administration (NCUA)?

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There is no special CDCU charter or designation from NCUA. NCUA does operate the “CDCU Revolving Loan Fund” for limited-income credit unions, which was established in 1979 through the Federation’s efforts. You do not need to be a participant in the NCUA program in order to join the National Federation of CDCUs.