HR 582 · 118th Congress

Credit Union Board Modernization Act

<p><b>Credit Union Board Modernization Act </b></p> <p>This bill revises the required frequency of meetings held by a credit union's board of directors. Specifically, new credit unions and credit unions with a low soundness rating must meet monthly. All other credit unions must hold at least six meetings annually,…

Sponsor

Rep. Vargas, Juan [D-CA-52] (D-CA)

Introduced

2023-01-26

Policy area

Finance and Financial Sector

Latest action

Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.