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Credit Unions
Required State License(s):
Formation of a new credit union requires either a state charter or a federal charter. Information about forming a Michigan state-chartered credit union is available by calling the Corporate Review Section, Office of Financial and Insurance Regulation, Department of Licensing and Regulatory Affairs
at (517) 373-7236.
Michigan state-chartered credit unions are regulated pursuant to the Credit Union Act of 2003, as amended, MCL 490.101 et seq.
Revised: 07/18/12
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