NCUA Form 4008 Organization Certificate

What Is NCUA Form 4008?

This is a legal form that was released by the National Credit Union Administration and used country-wide. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is NCUA Form 4008?A: NCUA Form 4008 is the Organization Certificate used by credit unions to apply for federal insurance with the National Credit Union Administration (NCUA).

Q: What is the purpose of NCUA Form 4008?A: The purpose of NCUA Form 4008 is to provide information about the credit union's organization and structure, which helps the NCUA determine if it is eligible for federal insurance.

Q: Who needs to fill out NCUA Form 4008?A: Credit unions that want to apply for federal insurance with the NCUA need to fill out and submit NCUA Form 4008.

Q: What information is required on NCUA Form 4008?A: NCUA Form 4008 requires information about the credit union's name, address, type of credit union, field of membership, organizational structure, and other relevant details.

Q: Is NCUA Form 4008 required for all credit unions?A: Yes, NCUA Form 4008 is required for all credit unions that want to apply for federal insurance with the NCUA.

Q: Are there any fees associated with submitting NCUA Form 4008?A: Yes, there is a processing fee associated with submitting NCUA Form 4008. The fee amount may vary depending on the credit union's total assets.

Q: What happens after submitting NCUA Form 4008?A: After submitting NCUA Form 4008, the NCUA will review the application and determine if the credit union is eligible for federal insurance. If approved, the credit union will receive a certificate of insurance.

Q: Can a credit union operate without federal insurance?A: While it is possible for a credit union to operate without federal insurance, most credit unions choose to apply for federal insurance with the NCUA for added protection and benefits.