*permitting privately insured credit unions to become members of a Federal Home Loan Bank; *allowing minimal lease charges for credit unions building on military installations; *expanding investment opportunities for federal credit unions; *increasing the general 12-year maturation limit for federal credit union loans to 15 years; *raising the 1% investment limit in credit union service organizations to 3%; *excluding business loans to nonprofit, religious organizations from the member business lending cap; *permitting credit unions to perform check cashing and money transfers for nonmembers within their fields of membership; *providing for voluntary mergers of multiple common bond credit unions; *permitting credit unions to maintain select employee groups following a community charter conversion; *allowing broader power of credit union governance; *giving NCUA greater authority in responding to market conditions; and *exempting credit unions from certain premerger notification requirements.