APPLICATION FOR CONVERSION FROM
FEDERAL TO STATE CHARTERED CREDIT UNION
STATE OF TEXAS
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)(
COUNTY OF ________________
)(
We, the undersigned, constituting a majority of the Board of Directors of the
_________________________________________ Federal Credit Union, domiciled in
__________________, ______________________ County, Texas, hereby certify (a) that
at a properly held meeting, a majority of the Board of Directors of said Credit Union voted
in favor of converting the corporation from a Federal to a State chartered credit union; (b)
that a meeting of the members of said Credit Union was called for the _____ day of
_______________________, 20 ____, and that written notice thereof was given to each
member of said Credit Union in accordance with the requirements of Federal law and the
Rules and Regulations for Federal Credit Unions adopted by the National Credit Union
Administration; (c) that at least a majority of the members, by written ballot, approved and
voted in favor of the proposed conversion at a meeting called for the purpose, viz: the total
number of members of casting ballots at said meeting is _____, and the number of
members voting in favor of the proposed conversion is _____; (d) that
all of the
requirements of Federal Credit Unions have been satisfied and that the National Credit
Union Administration has not notified said Credit Union either orally or by written
communication of any material deviation from the Federal procedures which might
invalidate any steps taken in the proposed conversion.
Pursuant to the provisions of the Texas Credit Union Act, the Federal laws and Rules and
Regulations for Federal Credit Unions, and the authorization of the members of record of
said Credit Union, we hereby apply for the conversion of said Credit Union from a Federal
to a State chartered credit union under the attached Articles of Incorporation and Bylaws.
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APPLICATION FOR CONVERSION FROM
FEDERAL TO STATE CHARTERED CREDIT UNION
STATE OF TEXAS
)(
)(
COUNTY OF ________________
)(
We, the undersigned, constituting a majority of the Board of Directors of the
_________________________________________ Federal Credit Union, domiciled in
__________________, ______________________ County, Texas, hereby certify (a) that
at a properly held meeting, a majority of the Board of Directors of said Credit Union voted
in favor of converting the corporation from a Federal to a State chartered credit union; (b)
that a meeting of the members of said Credit Union was called for the _____ day of
_______________________, 20 ____, and that written notice thereof was given to each
member of said Credit Union in accordance with the requirements of Federal law and the
Rules and Regulations for Federal Credit Unions adopted by the National Credit Union
Administration; (c) that at least a majority of the members, by written ballot, approved and
voted in favor of the proposed conversion at a meeting called for the purpose, viz: the total
number of members of casting ballots at said meeting is _____, and the number of
members voting in favor of the proposed conversion is _____; (d) that
all of the
requirements of Federal Credit Unions have been satisfied and that the National Credit
Union Administration has not notified said Credit Union either orally or by written
communication of any material deviation from the Federal procedures which might
invalidate any steps taken in the proposed conversion.
Pursuant to the provisions of the Texas Credit Union Act, the Federal laws and Rules and
Regulations for Federal Credit Unions, and the authorization of the members of record of
said Credit Union, we hereby apply for the conversion of said Credit Union from a Federal
to a State chartered credit union under the attached Articles of Incorporation and Bylaws.
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WITNESS OUR HANDS this the _______ day of ________________, 20 ____.
___________________________________
__________________________________
___________________________________
__________________________________
___________________________________
__________________________________
___________________________________
__________________________________
___________________________________
__________________________________
(To be signed by the Board of Directors of the Federal Credit Union).
CERTIFICATION CONFIRMING CONVERSION PROCEDURES
We, the undersigned Chief Elected Official and Secretary of the applicant credit
union, hereby certify that the conversion procedure has been completed in a manner
satisfactory to the National Credit Union Administration.
WITNESS OUR HANDS this ______ day of _________________, 20____.
___________________________
____________________________
Chief Elected Official
Secretary
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STATE OF TEXAS
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)(
COUNTY OF ________________
)(
BEFORE ME, the undersigned authority, on this day personally appeared:
Name: (Type or Print)
Address: (Type or Print)
___________________________________
__________________________________
___________________________________
__________________________________
___________________________________
__________________________________
___________________________________
__________________________________
___________________________________
__________________________________
___________________________________
__________________________________
___________________________________
__________________________________
known to me to be the persons whose names are subscribed to the foregoing instrument,
and each acknowledged to me that he executed the same for the purpose and
consideration therein expressed.
Given under by hand and seal this _____ day of ____________________, 20 ___.
__________________________________________
Notary Public in and for
______________________________________,
County, Texas.
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