Three more congressmen have signed on this month as sponsors ofthe latest House measure to attempt to raise the ability of creditunions to access supplemental capital, backers said Tuesday.

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The Coalition for Credit Union Access said they are Reps.Spencer Bachus (R-Ala.), Charles Rangel (D-N.Y.) and KerryBentivolio (R-Mich.).

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The NCUA also has backed the measure, which now has 31 co-sponsors as well asReps. Peter King (R-N.Y.) and Brad Sherman (D-Calif.), the original sponsors of H.R. 719, theCapital Access for Small Businesses and Jobs Act.

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The bill would allow credit unions to utilize uninsured,non-share accounts to supplement capital.

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“These new co-sponsors demonstrate the momentum that is growingbehind this important legislation,” the coalition said.

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Nine of the sponsors are from the New York delegation, thecoalition said.

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“Clearly, H.R. 719's supporters recognize the importance ofcredit unions in their states,” Linda Armyn, senior vice presidentof corporate strategy at the $5.3 billion, 216,700-member BethpageFederal Credit Union on Long Island, said in the coalition'sannouncement on Tuesday.

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The Coalition for Credit Union Access calls itself a broad-basedcoalition representing federal and state chartered credit unions ofall asset sizes and geographic diversity and state credit unionleagues.

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“Access to supplemental capital is essential to the long-termhealth and sustainability of the credit union system,” thecoalition said.

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