Chapter DFI—CU 75
AUTHORIZED INCIDENTAL POWERS ACTIVITIES
DFI-CU 75.01 Purpose. The purpose of this chapter is to set forth a list of incidental powers activities that are authorized for federally chartered credit unions and in which Wisconsin-chartered credit unions may engage, pursuant to s. 186.118, Stats. DFI-CU 75.02 Interpretation. The interpretation of rules in this chapter shall be coordinated with and parallel to the interpretation of federal laws and regulations from which these rules are derived, except as otherwise provided for by Wisconsin law.
DFI-CU 75.03 Definitions. In this chapter:
(1) “Acceptance of secondary capital accounts by low-income designated credit unions” has the meaning set forth in 12 C.F.R. s. 701.34. (3) “Charitable contributions and donations" has the meaning set forth in 12 C.F.R. s. 721.3(b)(1). DFI-CU 75.04 Incidental powers activities. The following incidental powers activities are preapproved for Wisconsin-chartered credit unions:
(1) Acceptance of secondary capital accounts by low-income designated credit unions.
(2) Certification services.
(3) Charitable contributions and donations.
(4) Charitable donation accounts.
(5) Correspondent services.
(6) Electronic financial services.
(7) Excess capacity.
(8) Financial counseling services.
(9) Finder activities.
(10) Loan-related products.
(11) Marketing activities.
(12) Monetary instrument services.
(13) Operational programs.
(14) Stored value products.
(15) Trustee or custodial services.