Fair Access to Banking Act
Official title: To amend the Federal Reserve Act to prohibit certain financial service providers who deny fair access to financial services from using taxpayer funded discount… Show full official titleShow less
Official title: To amend the Federal Reserve Act to prohibit certain financial service providers who deny fair access to financial services from using taxpayer funded discount window lending programs, and for other purposes.
Have a question about what this bill does? Ask in plain English; the answer is drawn from the bill's actual text and official record, and it'll tell you when something isn't in the text rather than guess.
Referred to the House Committee on Financial Services.
Fair Access to Banking Act
This bill places restrictions on certain banks, credit unions, and payment card networks if they refuse to do business with a person who complies with the law. Restrictions include prohibiting the use of electronic funds transfer systems and lending programs, termination of an institution's depository insurance, and specified civil penalties.
Banks and other specified financial institutions are allowed to deny financial services to a person only if the denial is justified by a documented failure of that person to meet quantitative, impartial, risk-based standards established in advance by the institution. This justification may not be based upon reputational risks to the institution. Banks may also deny services to a person who engaged in rude or harassing conduct toward an employee of the bank.
The bill establishes the right for a person to bring a civil action for a violation of this bill.
- Introduced in House Formatted Text PDF Formatted XML
Cite this page
U.S. Congress. (2026). H.R. 2743: Fair Access to Banking Act. 118th Congress. Open America. https://openamerica.io/bill/118-HR-2743/
"H.R. 2743: Fair Access to Banking Act." 118th Congress, 2026, Open America, https://openamerica.io/bill/118-HR-2743/.
H.R. 2743, 118th Cong. (2026), https://openamerica.io/bill/118-HR-2743/.
[H.R. 2743: Fair Access to Banking Act](https://openamerica.io/bill/118-HR-2743/)