Skip to main content
CivicGate

S 3616
Introduced Re-checks Congress.gov for new actions and updates the bill's status, and fills in any sponsors, committees, or related bills that are missing. It does not re-pull sponsors/cosponsors/committees/related — those rarely change — and it skips all work if nothing has changed upstream, so it's cheap to click.

Expanding Access to Lending Options Act

To provide the National Credit Union Administration Board flexibility to increase Federal credit union loan maturities, and for other purposes.

Introduced Jan 13, 2026

Latest action (Jan 13, 2026) Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Referred to
Banking, Housing, and Urban Affairs Committee
Policy area
Finance and Financial Sector
Issues
Economy & Taxes

Summary

This bill amends the Federal Credit Union Act to give the National Credit Union Administration Board flexibility to increase loan maturities for Federal credit unions. It allows loan terms to extend up to 20 years, as determined by the Board through regulations. This change provides Federal credit unions with greater flexibility in offering lending options to their members.

AI-generated plain-language summary of the bill text — neutral, and may be imperfect. See the full text below for the exact wording.

Sponsor (1)
3 cosponsors

Actions (2)
  1. Jan 13, 2026 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. · senate
  2. Jan 13, 2026 Introduced in Senate

Similar bills (6)

Bills with similar text or summary — includes reintroductions across Congresses. Ranked by semantic similarity of the bill text (computed locally); a neutral discovery aid, not a claim the bills are duplicates.

  • HR 4167 — Expanding Access to Lending Options Act · Introduced Jun 26, 2025 · Cong. 119 79%
  • HR 1791 — Increasing Credit Union Lending for Business Growth Act · Introduced Mar 3, 2025 · Cong. 119 69%
  • HR 7647 — MORE Opportunities for Homeownership Act · Introduced Feb 23, 2026 · Cong. 119 66%
  • HR 6838 — To amend the Federal Credit Union Act, the Federal Deposit Insurance Act, the Revised Statutes, and the Federal Reserve Act to require Federal banking agencies to consider economic growth when conducting supervisory functions. · Introduced Dec 18, 2025 · Cong. 119 62%
  • S 3889 — American Lending Fairness Act of 2026 · Introduced Feb 12, 2026 · Cong. 119 61%
  • HR 7866 — American Lending Fairness Act of 2026 · Introduced Mar 9, 2026 · Cong. 119 60%

Full text

IN THE SENATE OF THE UNITED STATES

January 13, 2026

Ms. Cortez Masto (for herself and Mr. Cramer) introduced the following bill; which was read twice and referred to the Committee on Banking, Housing, and Urban Affairs

A BILL

To provide the National Credit Union Administration Board flexibility to increase Federal credit union loan maturities, and for other purposes.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

This Act may be cited as the “Expanding Access to Lending Options Act”.

SEC. 2. POWERS OF FEDERAL CREDIT UNIONS.

Section 107(5) of the Federal Credit Union Act (12 U.S.C. 1757(5)) is amended—

(1) in the matter preceding subparagraph (A), by inserting “or up to a term of 20 years as the Board may allow, in regulations” after “15 years”; and

(2) in subparagraph (A)(i), by striking “or will be the principal residence of a credit union member, and which is”. <all>

Comments

Comments

Loading comments…