S. 610 · 118th Congress · 2023–2024
Credit Union Board Modernization Act
S. 610 in the 118th Congress (2023–2024) was introduced on Mar 1, 2023, sponsored by Kyrsten Sinema with 34 co-sponsors.
During the 118th Congress (2023–2024), Joe Biden was president, and Republicans held the House majority and Democrats the Senate majority.
- Status
- Introduced
- Introduced
- Mar 1, 2023
- Co-sponsors
- 34
- Policy area
- Finance and Financial Sector
What it does
Credit Union Board Modernization Act This bill revises the required frequency of meetings held by a credit union's board of directors. Specifically, new credit unions and credit unions with a low soundness rating must meet monthly. All other credit unions must hold at least six meetings annually, with at least one meeting held during each fiscal quarter. Currently, all credit union boards must meet at least once a month.
Summary by the nonpartisan Congressional Research Service.
Sponsor
Kyrsten Sinema (I-AZ). Co-sponsors: 8 Democrats, 25 Republicans, 1 Independent.
Where it stands
- IntroducedMar 1, 2023
- Passed the Senate—
- Passed the House—
- Sent to the President—
- Became law—
Latest action: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (Mar 1, 2023)
More bills from Kyrsten Sinema in the 118th Congress
Other Finance and Financial Sector bills in the 118th Congress
- H.R. 1096: 250th Anniversary of the United States Marine Corps Commemorative Coin Act
- H.R. 3315: National Guard and Reservists Debt Relief Extension Act of 2023
- H.R. 807: Working Dog Commemorative Coin Act
- H.R. 7438: FIFA World Cup 2026 Commemorative Coin Act
- S.J.Res. 32: A joint resolution providing for congressional disapproval under chapter 8 of title 5, United…
- H.J.Res. 142: Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the…
- S. 305: 250th Anniversary of the United States Marine Corps Commemorative Coin Act
- H.R. 582: Credit Union Board Modernization Act
- S. 711: Working Dog Commemorative Coin Act
- H.R. 987: Prime Minister Golda Meir Commemorative Coin Act
Committees
More
From GovInfo bill records, Congressional Research Service summaries, Voteview roll calls and lobbying reports.
Cite or embed this page
Capitol Receipts, “S. 610 (118th Congress): Credit Union Board Modernization Act,” https://www.capitolreceipts.com/bill/118-s-610/credit-union-board-modernization-act (accessed 2026-10-15).