§ 16511 Foreign Credit Union Offices

• •Foreign credit unions must keep all branch activities in one building or adjoining buildings.
• •They can only split activities to another nearby spot if the commissioner approves it.
• •The rule applies only to foreign credit unions that are licensed to have an office.

A credit union from Canada opens a branch in Los Angeles. It has to run all its services—like loans, deposits, and customer help—in one office building or in a building right next to it. If it wants a separate call‑center a few blocks away, it must first get the commissioner’s okay.

Because the law requires the whole office to stay in one place or adjoining places, the credit union can’t just spread its work across the city unless it asks the commissioner and gets approval.