President Trump's cancellation of the DACA program to provide legal residence for immigrants who came to the United States as children is a call to credit unions to stand up for their members, regardless of immigration status, said the chief executive of a company that advises credit unions on serving the Hispanic market.

Miriam De Dios Woodward, CEO of Coopera of Des Moines, Iowa, called Trump's decision "unfortunate" because the 2012 Deferred Action for Childhood Arrivals (DACA) program had provided deportation relief and work permits to more than 800,000 young people across the country, often referred to as "Dreamers."

"DACA allowed many young people to pursue higher education, start their careers, provide for their families and ultimately step outside of the shadows," she said. "We are hopeful Congress takes the necessary action to preserve the protections granted to DACA recipients under the timeline announced today."