(a) The name of a District credit union shall include the phrase "credit union". No District credit union may adopt a name identical to the name of any other federal or foreign credit union doing business in the District, or a name similar to the name of any federal or foreign credit union doing business in the District that will be misleading or cause confusion.
(b) No person, other than a District credit union, a federal credit union, a foreign credit union, an association of credit unions, or an organization or corporation whose membership or ownership is limited to credit unions or credit union organizations may:
(1) Use a name or title containing the phrase "credit union" or any derivation thereof;
(2) Represent itself as a credit union; or
(3) Conduct business as a credit union.
(May 6, 2020, D.C. Law 23-86, § 205, 67 DCR 3476.)
Structure District of Columbia Code
Title 26 - Banks and Other Financial Institutions
Subchapter I - Credit Union Act of 2020
Part B - Credit Union Organization
§ 26–502.01. District credit union charter application procedures
§ 26–502.02. Certificate of charter
§ 26–502.03. Form of charter statement and bylaws
§ 26–502.04. Amendment of charter and bylaws
§ 26–502.05. Name of District credit union
§ 26–502.06. Service facilities
§ 26–502.08. Application for share and deposit insurance
§ 26–502.09. Conducting business outside the District of Columbia