Phase 2: Completing the Charter Application
BEGIN AFTER THE NCUA NOTIFIES YOU OF THE COMPLETION OF PHASE 1
Once you have satisfactorily described the concept of your credit union and received notification from the NCUA to begin Phase 2, you will begin the pre-planning activities, business plan development, and drafting of bylaws and operating policies. Once the survey is completed in Activity 1 below, the remaining activities can be worked on simultaneously. All documentation for the four activities in Phase 2 must be submitted by email to CURE at the same time.