Expanded Access to Financial Services Act of 2005
Summary
(This measure has not been amended since it was reported to the House on April 12, 2005. The summary of that version is repeated here.)
Expanded Access to Financial Services Act of 2005 - 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 other similar money transfer instruments (including international and domestic electronic fund transfers); and (2) cash checks and money orders and receive international and domestic electronic fund transfers for such persons for a fee. (Current law authorizes such services to members only.)
Lifecycle of the Bill
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