Everything you wanted to know about a Community Charter Application but did not know what to ask.
If you are looking to expand or convert to a community charter, you do not want to miss this. Rick has over 26 years specializing in field of membership and the review and processing of community charter applications.
He will go over the types of community charters, the definition of a well-defined local community, requirements of a good business plan, and what to expect once NCUA receives your application.
With 34+ years with NCUA, Rick Mumm has worked as a Consumer Access Program Officer, Insurance Analyst, Supervision Analyst, Problem Case Officer, and Principal Examiner. He started at NCUA as a field examiner in Seattle, Washington.
From there, Rick transferred to the then Region VI office in Concord, California as a Senior Supervision Analyst and then over to the Division of Insurance as a Senior Insurance Analyst.
Rick transferred to Region V in Phoenix, Arizona when NCUA downsized from 6 to 5 regions. When NCUA merged all the Region Division of Insurances into CURE, he moved with the office after a stint in Special Actions.
Rick spent 26 years specializing at NCUA in areas including field of membership, conversions, bylaws, mergers, and share insurance. While in Insurance, he saw many changes in field of membership policy and its implementation. He made several presentations to the NCUA Board and his creative solutions to solve credit union field of membership issues were incorporated into the Chartering and Field of Membership Manual.
Today, he assists credit unions with all their field of membership, bylaw, or share insurance needs.
