S 1665 · 95th Congress · Finance and Financial Sector

Financial Institutions Amendments

Introduced 1977-06-09· Sponsored by Sen. McIntyre, Thomas J. [D-NH]· Senate

Bill Progress

✓
Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Referred to Senate Committee on Banking, Housing and Urban Affairs.(1977-06-09)

Plain Language Summary

[AI summary unavailable — showing source text] Financial Institutions Amendments - Title I: Charters for Thrift Institutions - Amends the Home Owners' Loan Act of 1933 to authorize the Federal Home Loan Bank Board to charter Federal mutual savings banks and Federal savings and loan associations. Makes provision for the conversion of State-chartered mutual savings banks into Federal savings banks. Title II: Credit Unions - Revises the organizational and managerial structure of Federal credit unions to achieve consistency with laws now in force. Amends the Federal Credit Union Act to restructure the National Credit Union Administration. Establishes the National Credit Union Administration Central Liquidity Fund.…

Summarized by Claude AI · Non-partisan · For informational purposes only