ESTABLISHMENT OF A FEDERAL CREDIT UNION FOR CIG EMPLOYEES

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP81-00728R000100010025-6
• Release Decision: RIPPUB
• Original Classification: K
• Document Page Count: 14
• Document Creation Date: December 9, 2016
• Document Release Date: May 8, 2001
• Sequence Number: 25
• Publication Date: September 12, 1947
• Content Type: REGULATION

 Approved For Release 2001/08/02 : CIA-RDP81-00728R000100010025-6
STATINTL
CENTRAL INTELLIGENCE, ,4 AGENCY
Washington., D. C.
AD1,1IN. INSThUC TI ON
NUMB
12 September 1947
SUBJECT: Establishment of a Federal Credit Union for CIG Employees
1. In constantly striving to im rov l
a
i
J u or zed the formation of a Central Intelligence
Group Faric>+nl mad TT._a _-
p . e emp oyee welfare and to
extend as many benefits as possible to the personnel of CIG, the.Direc
tor has recen+
th
PURPOSE
2. A Federal credit union is a coo ti
o tiro- together with a genuine desire to be of assistance to
their fellow members.
ees, organized to promote thrift among itsemembersgandctotcreate aemploy
source
of credit for. useful and provident purposes. It is chartered and supervised by the Government through the Federal Deposit, Insurance Corpora-
tion. Credit unions are organized to serve people having a .close common
bond of occupation. The group must have at least 100 members who are
Willi t k
rer:eives compensatinn_
3. The business affairs of the Federal credit union are managed
by a board of not less than five directors and a credit committee of not
less than three members all elected by members at an annual meeting held
diiri rip +h .,.,