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United States · Bill · HR

H.R. 7003 (117th)

Expanding Financial Access for Underserved Communities Act

openUnited States· United States Congress· EN

Introduced

8 March 2022

Last action

Status

Placed on the Union Calendar, Calendar No. 265.

Sponsors

Subjects

Discovery layer

Source updated

15 May 2025

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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Documents

6 official files

Reported in House (text)

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