HR 6889 · 117th Congress

Credit Union Board Modernization Act

<p><b>Credit Union Board Modernization Act </b></p> <p>This bill revises the frequency of meetings required to be held by a credit union's board of directors. Specifically, the bill requires monthly meetings for new credit unions during their first five years and for credit unions with a low soundness rating. All o…

Sponsor

Vargas, Juan (D-CA)

Introduced

2022-03-01

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.