,i  #aaeth ,,congress  #b;d ,session    
,h4 ,r4 #dgfd  ,,in ,,the ,,house ,,of  
,,representatives  ,january #aj1        
#bjah,mr4 ,david ,scott of ,georgia     
introduced the following bill2 which was
 referred to the ,committee on          
,financial ,services  ,a ,,bill  ,to    
amend the ,consumer ,financial          
,protection ,act of #bjaj to establish  
an ,office for ,under-,banked and       
,un-,banked ,consumers4  #a4 ,short     
title ,this ,act may be cited as the    
,improving ,access to ,traditional      
,banking ,act of #bjah4  #b4 ,office for
 ,under-,banked and ,un-,banked         
,consumers ,section #ajac of the        
,consumer ,financial ,protection ,act of
 #bjaj 7#ab ,u4,s4,c4 #edic7 is amended 
by adding at the end the following3  7i7
 ,office for ,under-,banked and         
,un-,banked ,consumers  7#a7            
,establishment ,before the end of the   
#ij-;day period beginning on the date of
 the enactment of the subsection1 the   
,bureau shall establish an ,office for  

,under-,banked and ,un-,banked          
,consumers 7hereinafter referred to as  
the ,office71 the functions of which    
shall include activities designed to    
better assess the reasons for the lack  
of1 and help increase the participation 
of1 under-banked and un-banked consumers
 in the banking system1 including the   
coordination with other ,federal and    
,state financial services agencies on   
this matter to ensure the most efficient
 and effective use of governmental      
resources4  7#b7 ,duties ,the ,office   
shall-- 7,a7 conduct research to        
identify any causes and challenges      
contributing to the decision of         
individuals who1 and households that1   
choose not to initiate or maintain      
on-going and sustainable relationships  
with depository institutions1 including 
consulting with trade associations      
representing minority depository        
institutions1 and organizations         
representing the interests of           
traditionally underserved consumers and 

communities1 and organizations          
representing the interests of consumers1
 particularly low- and moderate-income  
individuals1 civil rights groups1       
community groups1 and consumer          
advocates1 about this matter2  7,b7     
identify best practices1 develop and    
implement strategies to increase the    
participation of under-banked and       
un-banked consumers in the banking      
system2 and  7,c7 submit a report to    
,congress1 within two years of the      
establishment of the ,office and        
annually thereafter1 that identifies any
 factors impeding the ability to1 or    
limiting the option for1 individuals or 
households to have access to on-going   
and sustainable relationships with      
depository institutions to meet their   
financial needs1 discusses any          
regulatory1 legal1 or structural        
barriers to enhancing participation of  
under-banked and un-banked consumers    
with depository institutions1 and       
contains regulatory and legislative     

recommendations to promote better       
participation for all consumers with the
 banking system4  4