Corporate central credit union shall mean a credit union the members of which consist primarily of other credit unions.

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Terms Used In Nebraska Statutes 21-1704

  • Corporate central credit union: shall mean a credit union the members of which consist primarily of other credit unions. See Nebraska Statutes 21-1704
  • Credit union: shall mean a cooperative, not-for-profit corporation organized under the Credit Union Act for purposes of educating and encouraging its members in the concept of thrift, creating a source of credit for provident and productive purposes, and carrying on such collateral activities as are set forth in the act. See Nebraska Statutes 21-1705