WASHINGTON — Better late than never, the House today, Sept. 24, declared September as Federal Credit Union Month.

The House resolution (H.Res.658), by Representatives Carolyn Maloney (D-N.Y.) and Jim Walsh (R-N.Y.), recognizes that federal credit unions were founded on "the principle that persons of good character and all backgrounds, including those of modest means, joining together in cooperative spirit and action…" It also recognizes federal credit unions' importance in the economy.

Members of the House, including CURIA sponsor Paul Kanjorski (D-Pa.) and financial literacy advocate Judy Biggert (R-Ill.), stood up to praise credit unions and their efforts nationwide for financial education and to provide financial services to the underserved.

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