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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