657.003 – Purposes.
657.003 Purposes.—A credit union is a cooperative, nonprofit association, organized under this chapter, for the purposes of encouraging thrift among its members, creating sources of credit at fair and reasonable rates of interest, and providing an opportunity for its members to use and control their resources on a democratic basis in order to improve their economic […]
657.005 – Application for Authority to Organize a Credit Union; Investigation.
657.005 Application for authority to organize a credit union; investigation.— (1) The proposed organizers of the proposed credit union shall file with the office an application, upon such form as the commission may, by rule, prescribe. (2) Any five or more residents of this state who represent a limited field of membership may apply to the office for […]
657.0061 – Amendments to Bylaws.
657.0061 Amendments to bylaws.— (1) All bylaw amendments must be submitted to the office. The office shall approve or disapprove bylaw amendments within 60 days after receipt. The office shall approve the proposed bylaw amendment unless it finds that the amendment: (a) Is not in the best interest of the membership; (b) Is not in accord with sound credit […]
657.008 – Place of Doing Business.
657.008 Place of doing business.— (1) A credit union authorized to transact business pursuant to the laws of this state shall have one principal place of doing business as designated in its bylaws and where legal process may be served. A credit union may change its place of business through an amendment to its bylaws. (2) Following 30 […]
657.021 – Board of Directors; Executive Committee Responsibilities; Oaths; Reports to the Office.
657.021 Board of directors; executive committee responsibilities; oaths; reports to the office.— (1) The credit union shall have a board of directors consisting of at least five directors to be elected from the members in the manner and for such terms as prescribed in the bylaws. (2) Within the 30 days following the annual meeting or any other […]
657.022 – Executive Officers.
657.022 Executive officers.— (1) At the organizational meeting and within 31 days following each annual meeting of the members, the directors shall hold the annual meeting of the board of directors and elect from their own number a presiding officer, who may be designated as chair of the board or president; one or more vice chairs or […]
657.023 – Membership.
657.023 Membership.— (1) Upon payment of any required entrance or membership fee, payment of shares as required by the bylaws, and compliance with the bylaws, any person within the limited field of membership of a credit union may be admitted to its membership. (2) Members of the credit union shall not be personally or individually liable for payment […]
655.962 – Lighting; Mirrors; Landscaping.
655.962 Lighting; mirrors; landscaping.— (1) Each operator, or other person responsible for an automated teller machine pursuant to ss. 655.960-655.965, shall provide lighting during the hours of darkness with respect to an open and operating automated teller machine and any defined parking area, access area, and the exterior of an enclosed automated teller machine installation, as follows: […]
657.024 – Membership Meetings.
657.024 Membership meetings.— (1) The members shall receive timely notice of the annual meeting and any special meetings of the members, which shall be held at the time, place, and in the manner provided in the bylaws. (2) Each member shall have one vote. Ballots may be distributed in advance to the entire membership as prescribed in the […]
655.963 – Access Devices.
655.963 Access devices.—Customers receiving access devices shall be furnished by the respective issuers thereof with such information regarding safety precautions as the commission may require by rule. This information shall be furnished by personally delivering or mailing the information to each customer whose mailing address as to the account to which the access device relates is […]