Environment
No direct effect
Neutral — no direct effect identified.
Benefits
- No direct effect identified.
Risks
- No direct effect identified.
StateOhioIntroduced
HB 986: Prohibit credit union from acquiring Ohio bank
Jason Stephens
HB 986 status: Introduced (updated Aug 12, 2026).
Source
OpenStates
Confidence
Low
Analysis basis
OpenStates summary
01
What this bill does
Official summary alongside an AI-generated read on where it stands and why.
Overall Score
45OUT OF 100
Score:45/100 civic fit
Risk:Moderate Risk
Impact:Moderate Impact 60/100
Earlier scoring method. Reanalyze to use the sector calculation.
Constitutionality85%
Bipartisan50%
Public opinion50%
Bill summary
The bill establishes a significant regulatory restriction on merger and acquisition activity between credit unions and state-chartered banks in Ohio.
02
Impact analysis
✦ AI analysisModeled effects across six domains, estimated from bill text and comparable legislation.
Economy
Mixed / Neutral
45%
Benefits
- Protects local community bank independence.
- Preserves established regulatory distinctions between financial institutional types.
Risks
- Restricts market competition in the financial services sector.
- Limits strategic growth options for credit unions.
Society
No direct effect
Neutral — no direct effect identified.
Benefits
- No direct effect identified.
Risks
- No direct effect identified.
Technology Industry
Not scored in this analysis.
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Civic Accountability
Not scored in this analysis.
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Public Health & Safety
Not scored in this analysis.
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03
How trustworthy & consequential it is
Sourcing already shown above, this is what the analysis found worth flagging.
Source
OpenStates
Official bill text or data from OpenStates.
Confidence
Low
Information is limited or incomplete.
Analysis basis
OpenStates summary
Source used for this bill's analysis.
Source note
Could create market distortion by artificially limiting competitive acquisition strategies.
Analysis scope
Analysis based solely on a high-level legislative abstract.
04
Where it stands
Official record- IntroducedCurrent
- CommitteeUpcoming
- Chamber votesUpcoming
- Final agreementUpcoming
- GovernorUpcoming
- EnactedUpcoming
05
How it affects your district
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06
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