The case for the multiple common bond credit union charter

The landscape of credit union chartering has evolved, and one charter type stands out for its performance, growth potential, and strategic advantages: the Multiple Common Bond (MCB) charter. While community charters have traditionally been favored for their seemingly expansive reach, MCB credit unions are proving themselves as a better, more adaptable option. In fact, most of the largest and fastest-growing credit unions in the country operate under this charter, capitalizing on its unique benefits.

This article explores why credit unions with a multiple common bond charter are outperforming community charters and how they offer unparalleled opportunities for organic and inorganic growth.