To amend the Federal Credit Union Act to provide expanded access for persons in the field of membership of a Federal credit union to money order and check cashing services.
Expanded Access to Financial Services Act of 2003 - Amends the Federal Credit Union Act to authorize a Federal credit union to: (1) sell to persons in the field of membership negotiable checks (including travelers checks), money orders, and similar money transfer instruments; and (2) cash checks and money orders for such persons for a fee. (Current law authorizes such services to members only.)
Introduced in House
Introduced in House
Sponsor introductory remarks on measure. (CR E600)
Referred to the House Committee on Financial Services.
Referred to the Subcommittee on Financial Institutions and Consumer Credit.
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