---
kind: "section"
citation: "12 U.S.C. § 1773"
title: "12"
title_heading: "Banks and Banking"
number: "1773"
heading: "District of Columbia credit unions; conversion to Federal status"
release: "119-102"
date: "2026-07-12"
url: "https://uscodex.org/usc/12/1773"
units:
  - "Chapter 14 — Federal Credit Unions"
  - "Subchapter I — General Provisions"
---

# §1773. District of Columbia credit unions; conversion to Federal status


Any [credit](/usc/12/5481.md?p=7) union organized under the District of Columbia [Credit](/usc/12/5481.md?p=7) Unions Act, as amended, may apply for conversion into a [Federal credit union](/usc/12/1752.md?p=1) by filing with the National [Credit](/usc/12/5481.md?p=7) Union [Administration](/usc/12/1752.md?p=3) [Board](/usc/12/1752.md?p=4) (in sections 1773 to [1775](/usc/12/1775.md) of this title referred to as the [Board](/usc/12/1752.md?p=4)), pursuant to a resolution adopted by a majority of its [directors](/usc/12/5481.md?p=10), an organization certificate meeting the requirements of [section 1753 of this title](/usc/12/1753.md).


## Source credit

(Pub. L. 88–395, § 1, Aug. 1, 1964, 78 Stat. 377; Pub. L. 91–206, § 3, Mar. 10, 1970, 84 Stat. 49; Pub. L. 95–630, title V, § 501, Nov. 10, 1978, 92 Stat. 3680.)

## Notes

### Editorial Notes

### References in Text

The District of Columbia Credit Unions Act, referred to in text, was repealed by Pub. L. 88–395, § 4, Aug. 1, 1964, 78 Stat. 377.

### Codification

Section was not enacted as part of the Federal Credit Union Act which comprises this chapter.

### Statutory Notes and Related Subsidiaries

### Transfer of Functions

“National Credit Union Administration Board” and “Board” substituted in text for “Director of the Bureau of Federal Credit Unions” and “Director”, respectively, pursuant to section 3 of Pub. L. 91–206 and section 501 of Pub. L. 95–630 [12 U.S.C. 1752a] which transferred functions of Bureau of Federal Credit Unions, and Director thereof, to National Credit Union Administration and vested authority for management of Administration in National Credit Union Administration Board.

### Repeals; Revocation of Organization Certificates Issued Under District of Columbia Credit Unions Act

Pub. L. 88–395, § 4, Aug. 1, 1964, 78 Stat. 377, provided that: “Effective thirty days after enactment of this Act [Aug. 1, 1964], the District of Columbia Credit Unions Act (47 Stat. 326), as amended, is repealed and all organization certificates issued thereunder and still in force are revoked.”