§ 701.30 Services for nonmembers within the field of membership.
Primary source
Verbatim text below is from the Electronic Code of Federal Regulations (eCFR), a public-domain U.S. government work. Always verify the current version with the eCFR before relying on it for any legal matter.
Full Text
Federal credit unions may provide the following services to persons within their fields of membership, regardless of membership status:
(a) Selling negotiable checks including travelers checks, money orders, and other similar money transfer instruments (including international and domestic electronic fund transfers and remittance transfers, as defined in section 919 of the Electronic Fund Transfer Act); and
(b) Cashing checks and money orders for a fee.
[71 FR 62876, Oct. 27, 2006, as amended at 76 FR 44762, July 27, 2011]
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