Events tagged with "federal credit union act"

Historical Events tagged with "federal credit union act"

Turns out history loves a label—battles, breakthroughs, and the occasional disaster, all neatly tagged for your browsing pleasure. Because sometimes you just need every weird invention in one place.

Politics & Government

Roosevelt Signs Federal Credit Union Act

June 26th, 1934 90 years ago

Franklin D. Roosevelt signed the Federal Credit Union Act to promote financial cooperation and inclusivity. This legislation was designed to support the establishment of credit unions across the United States and to provide a safe, community-based alternative to traditional banking. It aimed to serve those with limited access to financial services, addressing the needs of Americans affected by the Great Depression. The Act laid the foundation for the modern credit union system.