ABA Banking Journal Proposals

Bill would prevent states from imposing lending rate caps on out-of-state banks

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Operational Brief

Two lawmakers have introduced legislation to prevent states from imposing interest rate caps on loans from out-of-state chartered banks and credit unions; this could impact how Texas credit unions operate with respect to lending rates.

Why It Matters for Texas Credit Unions

The article does not explicitly mention Texas, TX, TCUD, or any Texas-specific entities. The legislation is described as affecting out-of-state banks and credit unions in general.

Who this most likely affects

Limited site guidance: Institutions should review this based on their own products, size, vendors, and supervisory posture.

The item has some Texas or operational relevance signals, but the site does not yet have enough support to narrow it to one institution profile with confidence.

This is site guidance, not a formal determination. ABA Banking Journal and the original source material remain the governing reference.

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Original Source Material

Two lawmakers have introduced legislation to prevent states from imposing interest rate caps on loans from out-of-state chartered banks and credit unions. The post Bill would prevent states from imposing lending rate caps on out-of-state banks appeared first on ABA Banking Journal .