Skip to main content
Find a Lawyer

Wisconsin Statutes Corporations (Ch. 180 to 188) § 186.325. National corporate central credit union

Current as of January 01, 2025 | Updated by Findlaw Staff

(1) Criteria. A corporate central credit union is a national corporate central credit union if all of the following conditions are met:

(a) Its membership consists of any of the following:

1. Central or corporate central credit unions that are organized under the laws of this state or another state or under federal law.

2. Officers and directors of the qualifying corporate central credit union.

3. Organizations operated primarily to service and otherwise assist credit union operations.

(b) Its membership does not include any of the following:

1. Credit unions other than those under par. (a)1.

2. Individuals other than those under par. (a)2.

(c) At least 75 percent of its savings and deposits are derived from members under par. (a)1. and the remainder of its savings and deposits are derived from members under par. (a)2. and 3.

(2) Borrowing limits. The borrowing limits under s. 186.112 do not apply to a national corporate central credit union.

Previous Part of Code Next Part of Code
Back to Chapter List

Cite this article: FindLaw.com - Wisconsin Statutes Corporations (Ch. 180 to 188) § 186.325. National corporate central credit union - last updated January 01, 2025 | https://codes.findlaw.com/wi/corporations-ch-180-to-188/wi-st-186-325/

FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.

Was this helpful?

Welcome to FindLaw's Cases & Codes

A free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw’s Learn About the Law.

Go to Learn About the Law

Latest Blog Posts

For Legal Professionals

Learn About The Law

Get help with your legal needs

FindLaw’s Learn About the Law features thousands of informational articles to help you understand your options. And if you’re ready to hire an attorney, find one in your area who can help.

Go to Learn About the Law

Need to Find an Attorney?

Search our directory by legal issue

Enter information in one or both fields (Required)

Copied to clipboard