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United States · Bill · HR

H.R. 3181 (101st)

Basic Banking Services Access Act of 1989

referredUnited States· United States Congress· EN

Introduced

4 August 1989

Last action

Status

Referred to the Subcommittee on Consumer Affairs and Coinage.

Sponsors

Subjects

Discovery layer

Source updated

26 August 2025

Summary

Basic Banking Services Access Act of 1989 - Requires each depository institution to: (1) offer a basic financial services account to low- and moderate-income persons under prescribed guidelines which include specified minimal deposit, balance, and withdrawal requirements; and (2) post a conspicuous notice of the availability of such accounts to its customers. Prescribes administrative enforcement guidelines. Subjects a depository institution to civil liability for noncompliance with this Act.

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Documents

2 official files

Introduced in House (text)

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Sources

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