Amends and repeals existing law to revise provisions regarding credit unions.

This bill is a routine industry bill that provides updates and modernizes the Idaho Credit Union Act, providing flexibility and modern provisions to allow Idaho state-chartered credit unions to better serve their members. The proposed updates in the Act include: 1) Providing additional definitions which will help provide better clarity during routine credit union examinations with Idaho state-chartered credit unions. 2) Updates general governance provisions in the Act that will help streamline day-to-day operations for Idaho credit unions. This includes removing mandated fiscal years, removing the requirement to provide documents in triplicate, and the ability to email authority and other requests to the Idaho Department of Finance. 3) Provide opportunities and flexibility for Idaho credit unions to serve underserved areas throughout Idaho that are lacking traditional financial service opportunities. 4) Provides credit unions more access to emerging financial tools and services that will better serve their members directly through improved and expanded service offerings and ensure greater protection and security for consumers.