# 12 CFR § 708a.102: Authority to convert

> Federal · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/ecfr-12-708a.102

## Section

- **Citation:** 12 CFR § 708a.102
- **Heading:** Authority to convert
- **Jurisdiction:** Federal
- **Kind:** Regulations
- **Status:** In force
- **Text as of:** September 22, 2026
- **Source:** Publisher's official text
- **Location:** Title 12—Banks and Banking > CHAPTER VII—NATIONAL CREDIT UNION ADMINISTRATION > SUBCHAPTER A—REGULATIONS AFFECTING CREDIT UNIONS > PART 708a—BANK CONVERSIONS AND MERGERS > Subpart A—Conversion of Insured Credit Unions to Mutual Savings Banks

## Text

A credit union, with the approval of its members, may convert to a mutual savings bank or a savings association that is in mutual form without the prior approval of the NCUA, subject to applicable law governing mutual savings banks and savings associations and the other requirements of this part.
[71 FR 77167, Dec. 22, 2006. Redesignated at 75 FR 81386, Dec. 28, 2010]

## Nearby sections

- [12 CFR § 708a.101 § 708a.101 Definitions.](https://www.frixlaw.com/law-library/statutes/ecfr-12-708a.101.md)
- [12 CFR § 708a.102 § 708a.102 Authority to convert.](https://www.frixlaw.com/law-library/statutes/ecfr-12-708a.102.md)
- [12 CFR § 708a.103 § 708a.103 Board of directors' approval and members' opportunity to comment.](https://www.frixlaw.com/law-library/statutes/ecfr-12-708a.103.md)
- [12 CFR § 708a.104 § 708a.104 Disclosures and communications to members.](https://www.frixlaw.com/law-library/statutes/ecfr-12-708a.104.md)
- [12 CFR § 708a.105 § 708a.105 Notice to NCUA.](https://www.frixlaw.com/law-library/statutes/ecfr-12-708a.105.md)
- [12 CFR § 708a.106 § 708a.106 Membership approval of a proposal to convert.](https://www.frixlaw.com/law-library/statutes/ecfr-12-708a.106.md)
- [12 CFR § 708a.107 § 708a.107 Certification of vote on conversion proposal.](https://www.frixlaw.com/law-library/statutes/ecfr-12-708a.107.md)
- [12 CFR § 708a.108 § 708a.108 NCUA oversight of methods and procedures of membership vote.](https://www.frixlaw.com/law-library/statutes/ecfr-12-708a.108.md)
- [12 CFR § 708a.109 § 708a.109 Other regulatory oversight of methods and procedures of membership vote.](https://www.frixlaw.com/law-library/statutes/ecfr-12-708a.109.md)
- [12 CFR § 708a.110 § 708a.110 Completion of conversion.](https://www.frixlaw.com/law-library/statutes/ecfr-12-708a.110.md)
- [12 CFR § 708a.111 § 708a.111 Limit on compensation of officials.](https://www.frixlaw.com/law-library/statutes/ecfr-12-708a.111.md)
- [12 CFR § 708a.112 § 708a.112 Voting incentives.](https://www.frixlaw.com/law-library/statutes/ecfr-12-708a.112.md)
- [12 CFR § 708a.113 § 708a.113 Voting guidelines.](https://www.frixlaw.com/law-library/statutes/ecfr-12-708a.113.md)
- [12 CFR § 708a.301 § 708a.301 Definitions.](https://www.frixlaw.com/law-library/statutes/ecfr-12-708a.301.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/ecfr-12-708a.102. Check the current official text before relying on it. Not legal advice.