Expanding Financial Access for Underserved Communities Act

[AI summary unavailable — showing source text] [Congressional Bills 118th Congress] [From the U.S. Government Publishing Office] [H.R. 10511 Introduced in House (IH)] <DOC> 118th CONGRESS 2d Session H. R. 10511 To amend the Federal Credit Union Act to permit credit unions to serve certain underserved areas, and for other purposes. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES December 18, 2024 Ms. Waters introduced the following bill; which was referred to the Committee on Financial Services _______________________________________________________________________ A BILL To amend the Federal Credit Union Act to permit credit unions to serve certain underserved areas, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Expanding Financial Access for Underserved Communities Act''. SEC. 2. CREDIT UNION SERVICE TO UNDERSERVED AREAS. Section 109 of the Federal Credit Union Act (12 U.S.C. 1759) is amended-- (1) in subsection (c)(2)-- (A) by striking ``the field of membership category of which is described in subsection (b)(2),''; (B) by…