Though Not Named, Bank Bill Would Also Benefit Credit Unions
Despite no meaningful mention of credit unions, NAFCU and CUNA are praising H.R. 1750, a regulatory relief bill for community banks introduced Thursday by Rep. Blaine Luetkemeyer (R-Mo.).
According to the bill’s text, the proposed legislation would “enhance the ability of community banks to foster economic growth and serve their communities, boost small businesses, increase individual savings, and for other purposes.”