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HR 5511 114th Congress House

Equal Access to Banking Act

Official title: To require the Federal Deposit Insurance Corporation to implement regulations easing certain restrictions on non-profit community development financial institution banks, and for other purposes.

Introduced: June 16, 2016 See on congress.gov
Finance and Financial Sector Administrative law and regulatory proceduresBank accounts, deposits, capitalBanking and financial institutions regulationCharitable contributions
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Federal Deposit Insurance Corporation (FDIC)Tax administration and collection, taxpayers
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This bill died when the 114th Congress ended
It never became law before the 114th Congress (2015–2016) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 16, 2016
Referred to the House Committee on Financial Services.
Jun 16, 2016
Introduced in House
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 Latest action June 16, 2016

Referred to the House Committee on Financial Services.

 Plain-English summary Congressional Research Service

Equal Access to Banking Act

This bill requires the Federal Deposit Insurance Corporation (FDIC) to issue regulations: (1) easing the restrictive impact of regulations issued pursuant to the Federal Deposit Insurance Act relating to the factors to be considered for deposit insurance on non-profit community development financial institution banks, and (2) easing restrictions on the operation of such banks insured by the FDIC.

The FDIC shall ensure that such regulations issued under this bill: (1) will not provide an opportunity for individuals or for-profit financial institutions to avoid taxation or other requirements related to deposit insurance, and (2) allow charitable contributions and grants to such banks.

The FDIC shall terminate the deposit insurance of such a bank if the bank loses its certification as a community development financial institution.

The bill defines a "non-profit community development financial institution bank" as a non-profit depository institution that: (1) is certified as a community development financial institution by the Community Development Financial Institutions Fund, and (2) serves low-income and moderate-income customers.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
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APA
U.S. Congress. (2026). H.R. 5511: Equal Access to Banking Act. 114th Congress. Open America. https://openamerica.io/bill/114-HR-5511/
MLA
"H.R. 5511: Equal Access to Banking Act." 114th Congress, 2026, Open America, https://openamerica.io/bill/114-HR-5511/.
Bluebook (legal)
H.R. 5511, 114th Cong. (2026), https://openamerica.io/bill/114-HR-5511/.
Markdown link
[H.R. 5511: Equal Access to Banking Act](https://openamerica.io/bill/114-HR-5511/)
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