Rep. Gwen Moore Announces Credit Union Bill To Add Underserved Areas To Their Fields Of Membership

Rep Gwen Moore

Rep Gwen Moore

Rep. Gwen Moore (D-WI) announced that she will co-sponsor a bill that “enables credit unions to expand their field-of-membership to anyone that belongs to a needy poor community.”

Moore’s remarks came during the third day of the National Association of Federally-Insured Credit Unions’ annual Congressional Caucus. NAFCU has pushed the issue out of a belief that many federally chartered CUs are converting to state charters because their states offer more progressive FOM options for credit unions.

Read more…

Share This


Disqus (0 )
Comodo SSL