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STANDARD CREDIT UNION BYLAWS (WITH ELECTED CREDIT COMMITTEE)AQUA Form No. 7 Rev. 10/2020Standard Bylaws (With elected Credit Comm.)BYLAWS OF THE ___CREDIT UNIONARTICLE NAME, PURPOSE, PRINCIPAL OFFICE
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Review the template for standard credit union bylaws provided by the governing body or regulatory agency.
02
Determine the specific information required to fill out the bylaws, including the credit union's name, purpose, membership requirements, board structure, and operational procedures.
03
Fill in the blanks or sections of the template with the relevant information for your credit union.
04
Ensure that the bylaws comply with all legal and regulatory requirements applicable to credit unions in your jurisdiction.
05
Review the completed bylaws with legal counsel or a knowledgeable advisor to ensure accuracy and completeness.

Who needs standard credit union bylaws?

01
Credit unions, especially those that are newly formed or undergoing restructuring, need standard credit union bylaws to establish the governance structure and operational procedures of the organization.
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Standard credit union bylaws are a set of rules and regulations that govern the operation and management of a credit union.
Credit unions are required to file standard credit union bylaws with the appropriate regulatory authority.
Standard credit union bylaws can be filled out by following the guidelines provided by the regulatory authority.
The purpose of standard credit union bylaws is to ensure compliance with regulations and to establish procedures for the operation of the credit union.
Standard credit union bylaws must include information about the governance structure, membership requirements, and operating procedures of the credit union.
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