1. Short title This Act may be cited as the Capital Access for Small Businesses and Jobs Act . 2. Improving credit union safety and soundness The Federal Credit Union Act ( 12 U.S.C. 1751 et seq.) is amended— (1) in section 107— (A) in paragraph (16), by striking and at the end; (B) in paragraph (17), by striking the period and inserting ; and ; and (C) by adding at the end the following: (18) to receive payments on uninsured non-share accounts described under section 216(o)(2)(D), subject to such terms, rates, and conditions as may be established by the board of directors, within limitations prescribed by the Board. ; and (2) in section 216— (A) in subsection (b)(1)(B)(ii), by striking must rely and inserting rely predominantly ; and (B) in subsection (o)(2)— (i) in subparagraph (B), by striking and at the end; (ii) in subparagraph (C)(ii), by striking the period and inserting ; and ; and (iii) by adding at the end the following: (D) with respect to any insured credit union other than a low-income credit union, includes uninsured non-share accounts as authorized by the Board, that— (i) do not alter the cooperative nature of the credit union; (ii) are subordinate to all other claims against the credit union, including the claims of creditors, shareholders, and the Fund; (iii) are available to be applied to cover operating losses of the credit union in excess of its retained earnings and, to the extent so applied, will not be replenished; (iv) if they have a stated maturity, have an initial maturity of at least 5 years; (v) if they have a stated maturity, the net worth value of such accounts may be discounted at the discretion of the Board when the remaining maturity is less than 5 years; (vi) are subject to disclosure and consumer protection requirements as determined by the Board; (vii) are offered by a credit union that is determined by the Board to be sufficiently capitalized and well-managed; and (viii) are subject to such rules and regulations as the Board may establish. .