Expanding Access to Lending Options Act
In committee: it can still change before the session ends.
- Stage
- In committee
- Started in
- Senate
- Sponsors
- 5
- Latest action
- Jan 13, 2026
What it does
The Expanding Access to Lending Options Act would amend the Federal Credit Union Act to give the National Credit Union Administration Board the authority to allow Federal credit unions to offer loans with maturities of up to 20 years, extending the current limit of 15 years. This change would apply to certain types of loans, including those secured by real estate, by removing a requirement that such loans must be for a member’s principal residence. The bill aims to increase lending flexibility for Federal credit unions, potentially expanding access to longer-term financing options for their members. It affects Federal credit unions and their members by modifying loan term regulations under…
No official summary is available here. This one was written by AI from the bill’s text.
Where it stands
Introduced (Done)
Committee (Current step)
Floor (Not started)
Law (Not started)
What moved
Who is involved
Sponsors
The lawmakers who put their names on it, lead sponsors first.
Where it goes next
While a bill can still move, the questions are about people and money.