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What does CUMAA stand for?

CUMAA stands for Credit Union Membership Access Act

This definition appears frequently and is found in the following Acronym Finder categories:

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  • Business, finance, etc.

Samples in periodicals archive:

In 1998, however, President Bill Clinton signed the Credit Union Membership Access Act, which opened credit union doors to multiple constituencies.
She has been a leader in legislative matters for Alaska's credit unions, and led the fight for passage of the Credit Union Membership Access Act of 1998.
The 1998 Credit Union Membership Access Act may mitigate these risks by explicitly allowing credit unions to expand their field of membership to include multiple common bonds called "select employee groups" (SEGs).
The federal Credit Union Membership Access Act of 1998 -- which the banking industry opposed -- allowed credit unions to continue bringing in groups from outside the core groups they were initially chartered to serve, giving the nonprofit, tax-exempt institutions the opportunity to grow through mergers.
The Credit Union Membership Access Act (HR 1151) is intended to protect and preserve credit unions and their members while keeping their business practices safe and sound.