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Considers legislation to revise Federal credit union examination fee schedule, to revise Federal credit union officer loan and general dividend payments restrictions, and to authorize administration of certain oaths by designated Bureau of Federal Credit Unions personnel.
Considers legislation to revise Federal credit union operating procedures.
Considers S. 3002 and similar S. 3214, to amend the Federal Credit Union Act to authorize Federal credit unions to borrow funds, to revise the unsecured loan limit, and to eliminate the requirement for three quarterly audits of Federal credit unions. Also considers S. 3395, to amend the Federal Credit Union Act, to provide for the resumption of Project Moneywise to educate the poor in credit and related consumer matters.
Considers legislation to revise credit union loan regulations and to authorize investigative powers for Bureau of Federal Credit Unions field examiners.