Operational instruction for credit unions issued by the State Board of Financial Institutions February 8, 2000

Abstract

The South Carolina State Board of Financial Institutions issues operational instructions to state-chartered banks, savings and loan associations, credit unions, and licensed consumer finance companies to clarify or change rules for engaging in certain activities. These instructions state that state chartered credit unions may include in their field of membership students attending an institution of higher learning provided that employees of the institution are in the credit union's field of membership.