95-23800. Mergers; Hearings, etc.; Montana Educators' Federal Credit Union

[Federal Register Volume 60, Number 186 (Tuesday, September 26, 1995)]
[Notices]
[Page 49636]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-23800]



=======================================================================
-----------------------------------------------------------------------

NATIONAL CREDIT UNION ADMINISTRATION


Mergers; Hearings, etc.; Montana Educators' Federal Credit Union

AGENCY: National Credit Union Administration (NCUA).

ACTION: Notice of public hearing.

-----------------------------------------------------------------------

SUMMARY: The NCUA Board is holding a public hearing on the appeal of 
NCUA's Region VI denial of a charter application for Proposed Montana 
Educators' Federal Credit Union.

FOR FURTHER INFORMATION CONTACT: Becky Baker, Secretary of the Board, 
National Credit Union Administration, 1775 Duke Street, Alexandria, VA 
22314-2428, 703-518-6304. Submit written statements either by mail at 
this address or by FAX at 703-518-6319.

SUPPLEMENTARY INFORMATION: An application for a charter for proposed 
Montana Educators' Federal Credit Union was denied by NCUA's Region VI 
office in June of this year. The charter was denied on several grounds 
including inadequate documentation from groups within the proposed 
field of membership; inadequate request for affiliation letters; an 
unreliable survey and overlap problems. Representatives of the proposed 
credit union have appealed the charter denial. The NCUA will decide the 
appeal pursuant to chartering policy (Interpretive Ruling and Policy 
Statement 94-1). The Board has decided to grant a hearing on this 
appeal. Only the credit union applicant and representatives of the 
Region VI Office will be given the opportunity to make statements. The 
hearing will be open to the public, and the public may submit written 
comments.

Public Hearing

Date: September 29, 1995.
Time: 11:30 A.M.
Place: Filene Board Room, National Credit Union Administration, 1775 
Duke Street, Alexandria, VA 22314.
Public participation: The hearing is open to the public. Oral 
presentations will be made only by representatives of the charter 
applicant and NCUA's Region VI Office. Written comments from the public 
may be submitted to the Board Secretary through the close of business 
October 6, 1995.

    Dated: September 21, 1995.
Becky Baker,
Secretary of the Board.
[FR Doc. 95-23800 Filed 9-25-95; 8:45 am]
BILLING CODE 7535-01-M