Examples of Field of membership in a sentence
Field of membership (FOM)--refers to the totality of persons a credit union may accept as members.
Documentation Required for Step 3.C □ A letter identifying:▪ Field of membership type the PFCU wishes to serve (select one of the below and include the required documentation for the selection: 3.C.1 or 3.C.2); and▪ Proposed FOM Wording (See Attachment C): 3.C.1 - Community Charter - Single Political Jurisdiction – submit the following: □ Name of the single political jurisdiction (i.e., Benton County, WA or City of Vacaville, CA); □ Map of the political jurisdiction(s) with the proposed area outlined.
Documentation Required for Step 3.B. □ A letter identifying▪ Field of membership type the PFCU wishes to serve (select all of the below that are applicable and include the required documentation for each selection): 3.B.1; 3.B.2; or 3.B.3); and▪ Proposed FOM Wording (See Attachment C): 3.B.1 - Multiple Common Bond Charter – Occupational□ Identify each entity by name, city and state, and include the number of current employees.
Documentation Required for Step 3 – Establish a Field of Membership: 3.A. – Single Common Bond□ A letter identifying:▪ Field of membership type the PFCU wishes to serve (select one of the below and include the required documentation for the selection): 3.A.1; 3.A.2; or 3.A.3); and▪ Proposed FOM wording (See Attachment C): 3.A.1 – Occupational□ Enclose a letter from the entity (on its letterhead) stating it is interested in sponsoring and being a part of the PFCU.
Corporate ProfilePlease provide a brief description and history of your credit union, including:• The background of your credit union and its mission;• A listing of executives and board members;• Five year history of the number of employees;• Five year history of the number of members;• Five year history of return on assets (ROA);• Field of membership; and• Location of your headquarters and all branch offices.