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HR 1791119th CongressIn Committee

Increasing Credit Union Lending for Business Growth Act

Introduced: Mar 3, 2025
View on Congress.gov
Standard Summary
Comprehensive overview in 1-2 paragraphs

The bill titled the Increasing Credit Union Lending for Business Growth Act would raise the per-loan limit for member business loans made by federal credit unions from $50,000 to $100,000. In other words, it expands how much an individual small-business loan can be when funded by a federal credit union. The introduced text also signals an intent to amend the Federal Home Loan Bank Act to broaden homeownership access, but the provided excerpt only contains the section that increases the business-loan cap. The measure was introduced in the House on March 3, 2025 by Rep. Vicente Gonzalez (with Rep. Fitzpatrick) and referred to the Committee on Financial Services.

Key Points

  • 1Increase per-loan cap: The maximum amount of a member business loan (MBL) that a federal credit union can make would rise from $50,000 to $100,000.
  • 2Purpose: This change is designed to give credit unions more flexibility to lend to small businesses.
  • 3Lending and risk considerations: Larger individual loans may require enhanced underwriting, risk management, and capital planning to maintain prudent, safe lending.
  • 4Related aim: The bill also contemplates amendments to the Federal Home Loan Bank Act to expand homeownership access, though specific provisions are not shown in the excerpt.
  • 5Legislative status and sponsor: Introduced in the House on March 3, 2025, by Rep. Vicente Gonzalez (with Rep. Fitzpatrick) and referred to the House Committee on Financial Services.

Impact Areas

Primary group/area affected: Small business borrowers who obtain loans from federal credit unions; they could access larger loans than under current limits.Secondary group/area affected: Federal credit unions themselves, along with their risk management, lending policies, and capital planning. Regulatory oversight by the NCUA may be implicated as lending practices expand.Additional impacts: Potential effects on homeownership access through related amendments to the Federal Home Loan Bank Act; possible broader economic effects on local small-business financing and competition with banks.
Generated by gpt-5-nano on Nov 1, 2025