Licensing of the credit union Procedure for the establishment and registration of the credit union. Step one. The organization of the initiative group of several persons. It
is desirable that there are people who know economics, law, accounting,
and that before the Constituent General Meeting will have time to learn
the legislation on credit unions and, if possible, become familiar with
the practice of the existing credit unions. Initiative Group carries out all necessary preparations for the Constituent Assembly of the Union. Step two. Constituent Assembly adopted a number of binding decisions, which are recorded in the minutes of the meeting. These decisions, in particular: The decision to establish a credit union with the appropriate name. For
this decision must vote at least 50 people who take part in the
meeting, as it is in this case may be a union according to claim 7
"Provisional Regulations on credit unions in Ukraine." The decision to adopt the text of the Charter of the Union and the agreement on the establishment. The decision on the selection of the respective statutory bodies. As
a rule, credit unions elect the starting lineup Union Board in the
amount of 5 members of the credit committee - three members and the
Supervisory Committee - 3 members. Decision
on the terms of several members of the Constituent Assembly (usually
members of the incoming government) to be signed, on behalf of the
founders of the Union, a constituent of the agreement. In
addition, the Constituent Assembly may make other decisions necessary
in the opinion of the founders: to determine the manner of payment of
the cost of registration, to take a position on some of the controls and
the formation of special funds, to determine the structure and policies
of service, etc. The results of the Constituent Assembly approved a protocol signed by the chairman and secretary of the meeting. The protocol as an application prepared a list of meeting participants, who took part in the creation of a union. In addition to full name in the application identifies the main passport data of participants. Step Three - approval of the statute. Reconciliation
Charter credit union is in the territorial administration of the NBU
(regulated by the National Bank of Ukraine № 133 of 09.04.02, the). National Bank checks credit facilities, raising funds and accounts. If
inconsistent statutes legal requirements and regulations of the NBU
document is returned to the credit union with the comments. In this case, the adjustment procedure statute may take up to one month. Step four - state registration. Directly
"legalization" of the credit union is in the Ministry of Justice, that
is, at its regional offices (letter from the Ministry of Justice №
22-9-5168 on 06/09/02 was). It also lasts about 30 days. As a result of the credit union receives a certificate of registration. Next,
the credit union must put on record as a non-profit organization in the
STA and the non-profit to get the code (0010) on the basis of the
"Procedure for Determining the structure characteristic of non-profit
institutions" № 355 of 03.07.2000, the This should be done within 20
days. Then, within ten days to register with the Pension Fund, the Social Fund and the Employment Center. Step Five - bank. Opening a bank account. Scheme open it the same in all cases. Cash limit set by the credit union itself. At the COP just tells the bank about its size. Cashier
created by the credit union on the same basis as all other companies
(Instruction of NBU № 4, approved by decree № 69 of 19.02.01 was). Step Six - room. Search for suitable premises. The ideal option would be the location of the COP in the building of the company, based on which it is formed. Please note that the COP focused on consumer lending, it will have a stream of customers, then take office impressive. You can just buy a legal address. But it is better to rent an office and be at the address that is registered to the COP. Costs Software. Special software for accounting, credit union can be bought in UNASCU. But there are other programs, such as "all in one - CU Program" (COP development "Accord", the author - Victor Zvarych). In
any case, the choice of software is necessary to pay attention to
whether the issue of the contract this software, keep the cash register,
book-keeping, the register of members of the COP. The process of creating a credit union can be divided into three stages 1.etap credit unions as legal entities 2.etap REGISTER CREDIT UNION Commission for Regulation of Financial Services (BECOMING A FINANCIAL INSTITUTION) 3.etap obtain a license ATTRACT CONTRIBUTIONS (contribution) to the credit union to deposit accounts It should be noted that the credit union has the right to provide 5-Th types of financial services: Provision of credit to the credit union. Providing loans to other credit unions. Attracting contributions from members of the credit union to deposit accounts. Furnishing security in the performance of the credit union duties to third parties. Transfer of funds. Only one species, namely attracting contributions from members of the credit union to deposit accounts, to be licensed.
Credit Union
