# 115-hr-2706: Financial Institution Customer Protection Act of 2017

115-hr-2706, Financial Institution Customer Protection Act of 2017, is a 115th Congress bill sponsored by Rep. Luetkemeyer, Blaine [R-MO-3] (R-MO); status Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/115-hr-2706
- As of: 2025-11-18
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 115-hr-2706
- Congress: 115
- Title: Financial Institution Customer Protection Act of 2017
- Status: Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- Introduced: 2017-05-25
- Sponsor: Rep. Luetkemeyer, Blaine [R-MO-3] (R-MO)
- Cosponsors: 19
- Policy area: Finance and Financial Sector
- Touches household money: no
- Last recorded action: 2025-11-18

## Summary

Financial Institution Customer Protection Act of 2017 This bill specifies that a federal banking agency may not request or order a depository institution to terminate a customer account unless: (1) the agency has a material reason for doing so, and (2) that reason is not based solely on reputation risk. In addition, the bill amends the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 to: (1) apply civil penalties to specified violations by a financial institution against an unaffiliated third person, and (2) modify provisions related to administrative subpoenas.

## Cosponsors (19)

- Rep. Rothfus, Keith J. [R-PA-12] (R-PA), 2017-05-25T00:00:00.000Z
- Rep. Sessions, Pete [R-TX-17] (R-TX), 2017-05-25T00:00:00.000Z
- Sen. Budd, Ted [R-NC] (R-NC), 2017-05-25T00:00:00.000Z
- Rep. Stivers, Steve [R-OH-15] (R-OH), 2017-05-25T00:00:00.000Z
- Rep. Pittenger, Robert [R-NC-9] (R-NC), 2017-05-25T00:00:00.000Z
- Rep. Tipton, Scott R. [R-CO-3] (R-CO), 2017-05-25T00:00:00.000Z
- Rep. Williams, Roger [R-TX-25] (R-TX), 2017-05-25T00:00:00.000Z
- Rep. Lucas, Frank D. [R-OK-3] (R-OK), 2017-05-25T00:00:00.000Z
- Rep. Hollingsworth, Trey [R-IN-9] (R-IN), 2017-05-25T00:00:00.000Z
- Rep. Hultgren, Randy [R-IL-14] (R-IL), 2017-05-25T00:00:00.000Z
- Rep. MacArthur, Thomas [R-NJ-3] (R-NJ), 2017-05-25T00:00:00.000Z
- Rep. Tenney, Claudia [R-NY-24] (R-NY), 2017-05-25T00:00:00.000Z
- Rep. Davis, Rodney [R-IL-13] (R-IL), 2017-06-06T00:00:00.000Z
- Rep. Ross, Dennis A. [R-FL-15] (R-FL), 2017-06-06T00:00:00.000Z
- Rep. Loudermilk, Barry [R-GA-11] (R-GA), 2017-06-06T00:00:00.000Z
- Rep. Emmer, Tom [R-MN-6] (R-MN), 2017-06-06T00:00:00.000Z
- Rep. Graves, Sam [R-MO-6] (R-MO), 2017-06-27T00:00:00.000Z
- Rep. Latta, Robert E. [R-OH-5] (R-OH), 2017-06-27T00:00:00.000Z
- Rep. Faso, John J. [R-NY-19] (R-NY), 2017-07-11T00:00:00.000Z

## Related bills

- 115-hr-849: Protecting Seniors Access to Medicare Act
- 115-hr-38: Concealed Carry Reciprocity Act of 2017
- 115-hr-184: Protect Medical Innovation Act of 2018
- 115-hr-2519: The American Legion 100th Anniversary Commemorative Coin Act
- 115-hr-1697: Israel Anti-Boycott Act
- 115-hr-5499: Stephen Michael Gleason Congressional Gold Medal Act

## Sources
- [115-hr-2706 on Congress.gov](https://www.congress.gov/bill/115th-congress/house-bill/2706)

## Related
- [115-hr-849: Protecting Seniors Access to Medicare Act](https://policyrisk.com/legislation/115-hr-849)
- [115-hr-38: Concealed Carry Reciprocity Act of 2017](https://policyrisk.com/legislation/115-hr-38)
- [115-hr-184: Protect Medical Innovation Act of 2018](https://policyrisk.com/legislation/115-hr-184)
- [115-hr-2519: The American Legion 100th Anniversary Commemorative Coin Act](https://policyrisk.com/legislation/115-hr-2519)
- [115-hr-1697: Israel Anti-Boycott Act](https://policyrisk.com/legislation/115-hr-1697)
- [115-hr-5499: Stephen Michael Gleason Congressional Gold Medal Act](https://policyrisk.com/legislation/115-hr-5499)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/115-hr-2706 (as of 2025-11-18).