§701.30. Services for nonmembers within the field of membership.
12 C.F.R. § 701.30
Federal credit unions may provide the following services to persons within their fields of membership, regardless of membership status:
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
Cashing checks and money orders for a fee.
Notes, amendments, and revision history
Amendments
[71 FR 62876, Oct. 27, 2006, as amended at 76 FR 44762, July 27, 2011]
Authority
Authority: 12 U.S.C. 1752(5), 1755, 1756, 1757, 1758, 1759, 1761, 1761a, 1761b, 1766, 1767, 1782, 1784, 1785, 1786, 1787, 1788, 1789. Section 701.6 is also authorized by 15 U.S.C. 3717. Section 701.31 is also authorized by 15 U.S.C. 1601 et seq.; 42 U.S.C. 1981 and 3601-3610. Section 701.35 is also authorized by 12 U.S.C. 4311-4312. Link to an amendment published at 91 FR 50666, Aug. 6, 2026. Link to an amendment published at 91 FR 50677, Aug. 6, 2026. Link to an amendment published at 91 FR 50680, Aug. 6, 2026.
Amendments
[71 FR 62876, Oct. 27, 2006, as amended at 76 FR 44762, July 27, 2011]