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Main Subject: Finance and financial sector

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.

HR2543-117, S4879-117,

House floor actions Actions

Calendars
Jun. 07 2022	Placed on the Union Calendar, Calendar No. 265.

Committee
Jun. 07 2022	Reported (Amended) by the Committee on Financial Services. H. Rept. 117-351.

IntroReferral
Mar. 08 2022	Referred to the House Committee on Financial Services.

Library of Congress Actions

Committee
Jun. 07 2022	Reported (Amended) by the Committee on Financial Services. H. Rept. 117-351.

IntroReferral
Mar. 08 2022	Introduced in House Introduced in House

House committee actions Actions

Committee
May. 17 2022	Ordered to be Reported in the Nature of a Substitute by the Yeas and Nays: 27 - 22. Committee Consideration and Mark-up Session Held.