Rep. Bill Orton, D-Utah, has introduced a bill that would more than quadruple funding for a program that offers low-interest loans and technical assistance to credit unions with low-income memberships.

The Credit Union Community Development Enhancement Act of 1993 would increase the fund to $25 million from the current $6 million.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.