Expanding Access to Lending Options Act

S. 3616 · 119th Congress · Jan 13, 2026 · Lineage

A BILL

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

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

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”.