S 4808·Federal·senate
Privately Insured Credit Unions Conversion Modernization Act
In CommitteeFiled Jun 17, 2026
Sponsor: Sen. Cortez Masto, Catherine [D-NV] (D)
Latest Action
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Jun 17, 2026
Summary
The legislation would modernize how privately insured credit unions can change their charter or insurance status, impacting those credit unions and their members. It aims to streamline the regulatory steps so the sector stays current with financial practices. The measure has been read twice and referred to the Senate Banking, Housing, and Urban Affairs Committee.
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