NAFCU marked the 80th anniversary of the Federal Credit Union Act on Thursday by pledging to continue working with Congress to strengthen the credit union system.
CUNA said the anniversary is a reminder that credit unions are a smarter choice than Wall Street banks.
The Federal Credit Union Act, signed on June 26, 1934, by President Franklin Delano Roosevelt, created a federal charter option allowing consumers to form a credit union anywhere in the country.
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