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§ 31c-11-2 — West Virginia Law | CourtGPT
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  5. Article 11 - Corporate Credit Union§31c-11-1. Incorporation/
  6. § 31c-11-2
West Virginia Legal Code

§ 31c-11-2

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The purposes of the corporate credit union are to:(a) Accumulate and prudently manage the liquidity of its member credit unions through interlending and investment services;(b) Act as an intermediary for credit union funds between members and other corporate credit unions;(c) Obtain liquid funds from other credit union organizations, financial intermediaries and other sources;(d) Foster and promote in cooperation with other state, regional and national corporate credit unions and credit union organizations or associations the economic security, growth and development of member credit unions;(e) Provide payment systems and correspondent services to its members; and(f) Perform such other services of benefit to its members which are authorized by the commissioner.