Form SFN7386 Application to Expand Field of Membership - North Dakota

What Is Form SFN7386?

This is a legal form that was released by the North Dakota Department of Financial Institutions - a government authority operating within North Dakota. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is SFN7386?
A: SFN7386 is an application form used to apply for an expansion of the field of membership in North Dakota.

Q: What is meant by 'field of membership'?
A: 'Field of membership' refers to the individuals or entities who are eligible to join a particular credit union.

Q: Who can use SFN7386?
A: SFN7386 can be used by credit unions in North Dakota who want to expand their field of membership.

Q: What information is required on SFN7386?
A: SFN7386 requires information about the credit union, the proposed expansion, and supporting documentation.

Q: Are there any fees associated with the application?
A: Yes, there are fees associated with the application. The specific fees can be found on the application form.

Q: How long does it take to process the application?
A: The processing time for the application can vary. It is recommended to contact the North Dakota Department of Financial Institutions for more information.

Q: Is approval guaranteed after submitting the application?
A: Approval is not guaranteed. The application will be reviewed by the North Dakota Department of Financial Institutions.

Q: What happens after the application is approved?
A: After the application is approved, the credit union can proceed with the proposed expansion of its field of membership.

Q: What should I do if my application is denied?
A: If the application is denied, the credit union can appeal the decision or explore other options for expanding its field of membership.