Privately Insured Credit Unions Conversion Modernization Act

H.R. 9900 · 119th Congress · Jul 23, 2026 · Lineage

A BILL

To amend the Federal Credit Union Act with respect to conversion modernization for privately insured credit unions.

This Act may be cited as the “Privately Insured Credit Unions Conversion Modernization Act”.

Section 206(d)(2) of the Federal Credit Union Act (12 U.S.C. 1786(d)(2)) is amended—

(1)

in the first sentence, by striking “in a vote in which at least 20 per centum of the total membership of the credit union participates”; and

(2)

in the second sentence, by striking “not more than thirty nor less than seven days” and inserting “not less than 90 days”.