Modifies provisions relating to the merger and consolidation of credit unions
HB 2838 modifies rules for credit union mergers and membership expansions. It generally limits employer groups to fewer than 3,000 members unless specific exceptions apply, such as when a group lacks resources to form its own credit union or during involuntary mergers. The director of credit unions must assess merger impacts on service areas, geographic continuity, and the ability to serve combined membership before approving. Credit unions seeking membership expansions must publicly notify the public for 10 business days, allowing written comments, with the director deciding within 10 days of the comment period.
Bill status
in committee
1 of 4 stages cleared
Introduction
Jan 2026
Committee Review
Floor Vote
Governor
Introduced Jan 7, 2026
Last action May 15, 2026
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
3
Key actions
0
Committee
1
May 15, 2026
Committee
Referred: Emerging Issues(H)
lower
Jan 7, 2026
Introduced
Introduced and Read First Time (H)
lower
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Richard West
RRepublican
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