### Question
How is the "associated member" defined?


### Answer
The term **associated member** is defined in *12 U.S.C. § 1757a* as follows -

> any member having a shared ownership, investment, or other pecuniary interest in a business or commercial endeavor with the borrower

#### Citation:
  - *12 U.S.C. § 1757a*
  - Heading: **CHAPTER 14-FEDERAL CREDIT UNIONS > SUBCHAPTER I-GENERAL PROVISIONS**

