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S. 3326

Credit Union Modernization Act of 2019

Credit Union Modernization Act of 2019

This bill revises the duties of boards of directors of federal credit unions, including by removing requirements for (1) the disclosure to the National Credit Union Administration of certain loan officer information, and (2) the direct management of credit union membership by a board of directors.

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

Sen. Tillis, Thomas [R-NC](R-NC)Sponsor
1 cosponsor1 R
1cosponsors1committees2actions2subjects
  1. IntroReferral

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

    Banking, Housing, and Urban Affairs Committee
  2. IntroReferral10000

    Introduced in Senate

Credit Union Modernization Act of 2019 — Informed