Iowa Admin. Code r. 189-2.2

Current through Register Vol. 47, No. 6, September 18, 2024

Rule 189-2.2 - Purpose

All chartering and approval for the extension of credit union services shall be consistent with Iowa Code chapter 533 and shall promote safety and soundness of all credit unions. The division shall determine that each application has sound economic basis and that approval of the application will not endanger the safety and soundness of other credit unions.