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American Access to Banking Act
9/24/2025, 9:26 PM
Summary of Bill HR 4544
Congressional Summary of HR 4544
American Access to Banking Act
This bill requires federal financial regulators to review and streamline the application process for the formation of de novo, or new, depository institutions or credit unions.
Regulators must (1) review the application process; (2) to the extent practicable, collect necessary information from other agencies in order to minimize requests for applicant information; and (3) review how de novo financial intuitions raise capital while maintaining investor protections, including the impact of restrictions on raising capital.
At the request of an applicant, regulators must (1) designate an employee as a caseworker to assist in the application process, and (2) provide a list of similar institutions interested in serving as a mentor.
Each regulator must also develop a state and stakeholder engagement plan to assist interested parties with understanding the relevant regulatory processes.
Read the Full Bill
Current Status of Bill HR 4544
Bipartisan Support of Bill HR 4544
Total Number of Sponsors
1Democrat Sponsors
1Republican Sponsors
0Unaffiliated Sponsors
0Total Number of Cosponsors
0Democrat Cosponsors
0Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 4544
Primary Policy Focus
Finance and Financial SectorAlternate Title(s) of Bill HR 4544
Comments
April Woods
9 months ago
This bill is so sad, it's going to make it harder for people like me to access banking services. It's not fair that some people will be left out because of this. I can't believe they would pass something like this. Did you know that this bill also includes provisions for financial literacy programs?
Rayan Lloyd
10 months ago
This bill is so unfair, it's gonna make things harder for me and my fam. Why they gotta do this to us? #notcool
Lana Allison
7 months ago
I'm so sad about this new bill, but at least it's a step in the right direction. It's gonna make things easier for a lot of people. Did you know that this bill also includes provisions for financial education programs?
