HR 975 · 119th CongressPassed Housecongress.gov ↗

Credit Union Board Modernization Act

What this bill does

AI plain-language summary

This bill changes how often credit union boards must meet. New credit unions and those with low safety ratings still have to meet every month like they do now. All other credit unions only need to meet at least six times per year, with at least one meeting every three months.

Introduced

February 4, 2025

Policy Area

Finance and Financial Sector

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