I 
115TH CONGRESS 
2D SESSION 
H. R. 4764 
To amend the Consumer Financial Protection Act of 2010 to establish an 
Office for Under-Banked and Un-Banked Consumers. 
IN THE HOUSE OF REPRESENTATIVES 
JANUARY 10, 2018 
Mr. DAVID SCOTT of Georgia introduced the following bill; which was referred 
to the Committee on Financial Services 
A BILL 
To amend the Consumer Financial Protection Act of 2010 
to establish an Office for Under-Banked and Un-Banked 
Consumers. 
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled, 
SECTION 1. SHORT TITLE. 
This Act may be cited as the ‘‘Improving Access to 
Traditional Banking Act of 2018’’. 
SEC. 2. OFFICE FOR UNDER-BANKED AND UN-BANKED CON-
SUMERS. 
Section 1013 of the Consumer Financial Protection 
Act of 2010 (12 U.S.C. 5493) is amended by adding at 
the end the following: 
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‘‘(i) OFFICE FOR UNDER-BANKED AND UN-BANKED 
CONSUMERS.— 
‘‘(1) ESTABLISHMENT.—Before the end of the 
90-day period beginning on the date of the enact-
ment of the subsection, the Bureau shall establish 
an Office for Under-Banked and Un-Banked Con-
sumers (hereinafter referred to as the ‘Office’), the 
functions of which shall include activities designed to 
better assess the reasons for the lack of, and help 
increase the participation of, under-banked and un- 
banked consumers in the banking system, including 
the coordination with other Federal and State finan-
cial services agencies on this matter to ensure the 
most efficient and effective use of governmental re-
sources. 
‘‘(2) DUTIES.—The Office shall— 
‘‘(A) conduct research to identify any 
causes and challenges contributing to the deci-
sion of individuals who, and households that, 
choose not to initiate or maintain on-going and 
sustainable relationships with depository insti-
tutions, including consulting with trade associa-
tions representing minority depository institu-
tions, and organizations representing the inter-
ests of traditionally underserved consumers and 
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communities, and organizations representing 
the interests of consumers, particularly low- 
and moderate-income individuals, civil rights 
groups, community groups, and consumer advo-
cates, about this matter; 
‘‘(B) identify best practices, develop and 
implement strategies to increase the participa-
tion of under-banked and un-banked consumers 
in the banking system; and 
‘‘(C) submit a report to Congress, within 
two years of the establishment of the Office and 
annually thereafter, that identifies any factors 
impeding the ability to, or limiting the option 
for, individuals or households to have access to 
on-going and sustainable relationships with de-
pository institutions to meet their financial 
needs, discusses any regulatory, legal, or struc-
tural barriers to enhancing participation of 
under-banked and un-banked consumers with 
depository institutions, and contains regulatory 
and legislative recommendations to promote 
better participation for all consumers with the 
banking system.’’. 
Æ 
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