Credit Union Board Modernization Act This bill reduces the required frequency of meetings held by the board of directors of certain credit unions. Under the bill, new credit unions and credit unions with a low soundness rating must meet monthly, as required under current law. All other credit unions must hold at least six meetings annually, with at least one meeting held during each fiscal quarter.
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Bill introduced
Lobbying filed by CREDIT UNION NATIONAL ASSOCIATION, INC. DBA AMERICA'S CREDIT UNIONS
Lobbying filed by DEFENSE CREDIT UNION COUNCIL
Lobbying filed by CREDIT UNION NATIONAL ASSOCIATION, INC. DBA AMERICA'S CREDIT UNIONS
Lobbying filed by DEFENSE CREDIT UNION COUNCIL
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H601-602)
View official actionDEBATE - The House proceeded with forty minutes of debate on H.R. 975.
View official actionConsidered under suspension of the rules. (consideration: CR H601-603)
View official action| Registrant | Client | Amount | Filed | Period | Issues |
|---|---|---|---|---|---|
| INDEPENDENT COMMUNITY BANKERS OF AMERICA | INDEPENDENT COMMUNITY BANKERS OF AMERICA | $2.7M | Jul 23, 2025 | 2025Q2 | AGRBANBUD |
| CREDIT UNION NATIONAL ASSOCIATION. INC. DBA AMERICA'S CREDIT UNIONS | CREDIT UNION NATIONAL ASSOCIATION, INC. DBA AMERICA'S CREDIT UNIONS | $1.2M | Apr 11, 2025 | 2025Q1 | BANBUDSMB |
The lobbying table lists Senate LDA quarterly reports (LD-2) that cite this bill by number and cover a quarter of the 119th Congress. An LD-2 names a bill as “H.R. 1234” with no Congress, so a report on another Congress, which can only concern a different bill with the same number, is left out, even when it was filed after this Congress began. The amount is what the registrant reported for the whole filing, across every issue on it, not spending on this bill. Official actions and the bill summary come from Congress.gov, and votes from the roll-call record. This page no longer pairs the bill with members' stock trades: matching lobbying clients to traded companies by name, and trades to a bill by date, is not something the records establish.
Lobbying filed by INDEPENDENT COMMUNITY BANKERS OF AMERICA
On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H601-602)
View official action| CREDIT UNION NATIONAL ASSOCIATION. INC. DBA AMERICA'S CREDIT UNIONS | CREDIT UNION NATIONAL ASSOCIATION, INC. DBA AMERICA'S CREDIT UNIONS | $1.2M | Jul 11, 2025 | 2025Q2 | BANBUDSMB |
| DEFENSE CREDIT UNION COUNCIL | DEFENSE CREDIT UNION COUNCIL | $150.0K | Jul 17, 2025 | 2025Q2 | TAXBANFIN |
| DEFENSE CREDIT UNION COUNCIL | DEFENSE CREDIT UNION COUNCIL | $110.0K | Apr 21, 2025 | 2025Q1 | BANFINTAX |
| NAVY FEDERAL CREDIT UNION | NAVY FEDERAL CREDIT UNION | $70.0K | Apr 16, 2025 | 2025Q1 | BANFINTAX |
| GOWEST CREDIT UNION ASSOCIATION | GOWEST CREDIT UNION ASSOCIATION | $60.0K | Jul 21, 2025 | 2025Q2 | FINTAXSMB |
| BROWNSTEIN HYATT FARBER SCHRECK, LLP | CREDIT UNION NATIONAL ASSOCIATION, INC. DBA AMERICAS CREDIT UNIONS | $50.0K | Jul 17, 2025 | 2025Q2 | BANTAX |
| BROWNSTEIN HYATT FARBER SCHRECK, LLP | CREDIT UNION NATIONAL ASSOCIATION, INC. DBA AMERICAS CREDIT UNIONS | $50.0K | Apr 18, 2025 | 2025Q1 | BANTAXDEF |
| GOWEST CREDIT UNION ASSOCIATION | GOWEST CREDIT UNION ASSOCIATION | $40.0K | Apr 21, 2025 | 2025Q1 | FINTAXSMB |
| MICHIGAN CREDIT UNION LEAGUE | MICHIGAN CREDIT UNION LEAGUE | $35.0K | Jul 15, 2025 | 2025Q2 | FINTAXBAN |
| MICHIGAN CREDIT UNION LEAGUE | MICHIGAN CREDIT UNION LEAGUE | $30.0K | Apr 9, 2025 | 2025Q1 | FINTAXBAN |