Pennsylvania HB1833 mandates the Department of Banking and Securities to assist financial institutions in serving underserved communities.

Pennsylvania HB1833 amends the Department of Banking and Securities Code to include provisions for building underserved communities. The bill requires the Department of Banking and Securities to examine financial institutions' efforts to serve these communities and provide assistance to them. Financial institutions must develop short-term and long-term plans to expand services to underserved communities and submit annual reports detailing their services, including the number of individuals served and any financial impacts.

Pennsylvania HB1833 mandates the Department of Banking and Securities to assist financial institutions in serving underserved communities.

Pennsylvania HB1833 amends the Department of Banking and Securities Code to include provisions for building underserved communities. The bill requires the Department of Banking and Securities to examine financial institutions' efforts to serve these communities and provide assistance to them. Financial institutions must develop short-term and long-term plans to expand services to underserved communities and submit annual reports detailing their services, including the number of individuals served and any financial impacts.