---
kind: "unit"
title: "12"
title_heading: "Banks and Banking"
key: "chVII/subchA/part704"
level: "part"
label: "Part 704"
heading: "Corporate Credit Unions"
release: "ecfr-current"
date: "2026-08-27"
url: "https://uscodex.org/cfr/12/chVII-subchA-part704"
sections_count: 22
---

# Part 704 — Corporate Credit Unions

Title 12 C.F.R. — Banks and Banking › Chapter VII — National Credit Union Administration › Subchapter A — Regulations Affecting Credit Unions

## Sections

- [§704.1. Scope.](/cfr/12/704.1.md)
- [§704.2. Definitions.](/cfr/12/704.2.md)
- [§704.3. Corporate credit union capital.](/cfr/12/704.3.md)
- [§704.4. Prompt corrective action.](/cfr/12/704.4.md)
- [§704.5. Investments.](/cfr/12/704.5.md)
- [§704.6. Credit risk management.](/cfr/12/704.6.md)
- [§704.7. Lending.](/cfr/12/704.7.md)
- [§704.8. Asset and liability management.](/cfr/12/704.8.md)
- [§704.9. Liquidity management.](/cfr/12/704.9.md)
- [§704.10. Investment action plan.](/cfr/12/704.10.md)
- [§704.11. Credit Union Service Organizations (CUSOs).](/cfr/12/704.11.md)
- [§704.12. Permissible services.](/cfr/12/704.12.md)
- [§704.13. Board responsibilities.](/cfr/12/704.13.md)
- [§704.14. Representation.](/cfr/12/704.14.md)
- [§704.15. Audit and reporting requirements.](/cfr/12/704.15.md)
- [§704.16. Contracts/written agreements.](/cfr/12/704.16.md)
- [§704.17. State-chartered corporate credit unions.](/cfr/12/704.17.md)
- [§704.18. Fidelity bond coverage.](/cfr/12/704.18.md)
- [§704.19. Disclosure of executive compensation.](/cfr/12/704.19.md)
- [§704.20. Reserved](/cfr/12/704.20.md)
- [§704.21. Enterprise risk management.](/cfr/12/704.21.md)
- [§704.22. Membership fees.](/cfr/12/704.22.md)