Office of CORPORATE CREDIT UNIONS

NCUA created the Office of Corporate Credit Unions (OCCU) in 1994 to centralize the supervision of the corporate credit union system through its headquarters in Alexandria, VA. Corporate credit unions are the "credit unions' credit union." Individual consumers cannot join a corporate credit union. The "natural person credit unions" that serve individual consumers as their members receive liquidity, investment, and payment services from corporate credit unions. There are 28 corporate credit unions that range in asset size from $5 million to $40 billion.

For Corporate Credit Unions

Analysis of Recommendations for Stabilization and Improvement of the Corporate Credit Union System
Pricewaterhouse Coopers LLP Summary of 01/16/2009 Analysis of Recommendations for Stabilization and Improvement of the Corporate Credit Union System.

Bridge Corporate Policy Statement
A policy statement to address consolidation of bridge corporate credit unions.

Corporate Chartering Manual
This manual sets forth the National Credit Union Administration's (NCUA) current guidance for the granting of a federal corporate credit union charter.

Corporate CUSO Activities
In 2010 the NCUA Board adopted major revisions to its corporate credit union rule. As part of those revisions all activities of corporate credit union service organizations (CUSOs) must be preapproved by the NCUA.

Corporate Examiner Guide
The Corporate Examiner's Guide aims to ensure the overall safety and soundness of the corporate credit union system by providing guidance to NCUA examiners performing examinations and supervision of corporate credit unions.

Corporate Expanded Authority
These guidelines represent prudent policies, practices, procedures, and acceptable qualifications, which must be evident in a corporate for NCUA to approve an expanded authority request.