House passes MOBILE reg relief bill

January 29, 2018


CONTACT: Lauren Williams – CUNA Communications; (202) 626-7642;

Washington, D.C. (January 29, 2018) – The House approved the Making Online Banking Initiation Legal and Easy (MOBILE) Act of 2017 (H.R. 1457), a CUNA-supported bill introduced by Rep. Scott Tipton (R-Colo). The bill would allow financial institutions to record personal information from a copy of an individual's identification for the purpose of verifying the authenticity of the identification.

“This legislation is important to help credit unions and other financial institutions remain competitive in a world where financial technology companies are often subject to fewer requirements,” said CUNA President/CEO Jim Nussle. “It’s always a positive development when consumers have easier access to credit unions and the safe and affordable products and services they offer.” 

The MOBILE Act would grant financial institutions the ability to record personal information from a swipe, copy or image of a driver’s license or other identification card. While the individual must provide their consent, information stored will be used to verify the identity of a consumer and aid in the prevention of fraud or other criminal activity.

The bill passed the House Financial Services committee back in December with a 50-10 vote.


About CUNA: 
Credit Union National Association (CUNA) is the only national association that advocates on behalf of all of America’s credit unions, which are owned by 110 million consumer members. CUNA, along with its network of affiliated state credit union leagues, delivers unwavering advocacy, continuous professional growth and operational confidence to protect the best interests of all credit unions. For more information about CUNA, visit