Modifies requirements for credit unions to notify the director of changes in names and locations.
Requires credit unions to notify the director of changes in the names and titles of officials and senior management employees, the location of their principal place of business, and the location of any new branches. Permits credit unions to establish service centers, which may be referred to as branches, and to adopt or change assumed names, subject to approval by the director. Requires credit unions to clearly disclose their assumed names in all relevant documents.
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