(A) A credit union may provide one or more service facilities for the transaction of any credit union business. A set of all accounting records of the service facilities shall be maintained at the home office of the credit union. A service facility may also include a shared service facility.
(B) No less than thirty calendar days before a credit union closes a service facility, the credit union shall cause written notification of the closure to be received in the office of the superintendent.
Five Year Review (FYR) Dates: 11/24/2023
Promulgated Under: 119.03
Statutory Authority: 1733.41
Rule Amplifies: 1733.04
Prior Effective Dates: 12/31/1975, 09/01/1979, 02/11/1988, 11/01/1988, 08/03/1993, 07/01/2006, 03/22/2012, 11/26/2018