117-hr-7003117th Congress

Expanding Financial Access for Underserved Communities Act

Sponsored By: Representative Waters, Maxine [D-CA-43]

Unknown

Summary

Expanding Financial Access for Underserved Communities Act This bill eases credit union membership requirements to allow more access for persons in underserved areas. A credit union must, however, submit a business and marketing plan to the National Credit Union Administration explaining the credit union's ability and intent to serve such population. The bill also excludes loans made to members in underserved areas from certain credit union limits on member business loans.

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & CoSponsors

Sponsor

Waters, Maxine [D-CA-43]

CA • D

Cosponsors

  • Rep. Perlmutter, Ed [D-CO-7]

    CO • D

    Sponsored 3/8/2022

  • Rep. Scott, David [D-GA-13]

    GA • D

    Sponsored 4/14/2022

Roll Call Votes

No roll call votes available for this bill.

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