Section 186.115 - Additional credit union authority(1) SCOPE OF AUTHORITY. Subject to any regulatory approval required by law and subject to sub. (2), a credit union directly or through a subsidiary, may undertake any activity, exercise any power or offer any financially related product or service in this state that any other provider of financial products or services may undertake, exercise or provide or that the office of credit unions finds to be financially related.(2) RULES. The activities, powers, products and services that may be undertaken, exercised or offered by credit unions under sub. (1) are limited to those specified by rule of the office of credit unions. The office of credit unions may direct any credit union to cease any activity, the exercise of any power or the offering of any product or service authorized by rule. Among the factors that the office of credit unions may consider in so directing a credit union are the credit union's net worth, assets, management rating and liquidity ratio and its ratio of net worth to assets.(3) INSURANCE UNDERWRITING NOT AUTHORIZED. This section does not authorize a credit union, directly or through a subsidiary, to engage in the business of underwriting insurance.1985 a. 325; 1995 a. 27, 151.