The National Credit Union Administration (NCUA) charters federal credit unions. A charter is a license to operate the credit union. Below are some resources to assist those who are considering the formation of a federal credit union. The list is not exhaustive, but outlines the steps necessary to begin the chartering process.
After you have reviewed these materials and determined you are able and interested in forming a federal credit union, you may initiate the chartering process by submitting a written request for preliminary approval of the proposed field of membership (see options and sample wording in Chapter 2 of the Chartering and Field of Membership Manual) to:
National Credit Union Administration
Office of Consumer Protection, Division of Consumer Access
1775 Duke Street
Alexandria, VA 22314
Via e-mail at NewFCU@ncua.gov