S. 3326 · 116th Congress
Credit Union Modernization Act of 2019
- Stage
- In committee
- Sponsor
- Thom Tillis
- Introduced
- 2020-02-24
- Latest action
- 2020-02-24 · Introduced in Senate
Summary
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.