Florida Statutes

Fla. Stat. § 657.003 (2025)

Purposes.

✓ 2025 Florida Statutes — current through the 2025 Regular Session
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657.003 Purposes.A credit union is a cooperative, nonprofit association, organized under this chapter, for the purposes of encouraging thrift among its members, creating sources of credit at fair and reasonable rates of interest, and providing an opportunity for its members to use and control their resources on a democratic basis in order to improve their economic and social condition.
History.ss. 1, 6, ch. 80-258; ss. 2, 3, ch. 81-318; s. 1, ch. 91-307; s. 1, ch. 92-303.

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