Member Business Loan Expansion Act
This bill revises requirements related to the terms and lending limits of certain credit union loans.
Specifically, the bill (1) allows the National Credit Union Administration Board to lengthen the maturity term of certain loans made by a credit union, and (2) raises the credit limit for credit union member businesses under which such loans are excluded from overall credit union lending limits.
To amend the Federal Credit Union Act to provide more loan flexibility 
  to credit unions, to amend the Federal Home Loan Bank Act to expand 
             homeownership access, and for other purposes.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Member Business Loan Expansion 
Act''.

SEC. 2. FLEXIBILITY FOR NCUA BOARD TO INCREASE FEDERAL CREDIT UNION 
              LOAN MATURITIES.

    Section 107(5) of the Federal Credit Union Act (12 U.S.C. 1757(5)) 
is amended by inserting after ``shall not exceed 15 years'' the 
following: ``(or such longer maturity as the Board may allow, by 
regulation)''.

SEC. 3. EXPANDING CREDIT TO SMALL BUSINESSES.

    Section 107A(c)(1)(B)(iii) of the Federal Credit Union Act (12 
U.S.C. 1757a(c)(1)(B)(iii)) is amended by striking ``$50,000'' and 
inserting ``$100,000''.

SEC. 4. EXPANDING HOMEOWNERSHIP ACCESS THROUGH COMMUNITY FINANCIAL 
              INSTITUTIONS.

    Section 2(10)(A) of the Federal Home Loan Bank Act (12 U.S.C. 
1422(10)(A)) is amended--
            (1) in clause (i), by inserting after ``Federal Deposit 
        Insurance Act'' the following ``or Federal Credit Union Act''; 
        and
            (2) in clause (ii), by striking ``$1,000,000,000'' and 
        inserting ``$10,000,000,000''.
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Member Business Loan Expansion Act
To amend the Federal Credit Union Act to provide more loan flexibility to credit unions, to amend the Federal Home Loan Bank Act to expand homeownership access, and for other purposes.
Member Business Loan Expansion Act
Rep. Gonzalez, Vicente