Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Washington
House resolution salutes 75 years of FCU Act
WASHINGTON (6/22/09)--Praising credit unions for exemplifying the “American values of thrift, self help, and volunteerism,” a trio of house Democrats this week introduced a resolution celebrating the 75th anniversary of the enactment of the Federal Credit Union Act. The resolution, which was co-signed by Reps. John Larson (D-Ct.), Paul Kanjorski (D-Pa.) and Jim Himes (D-Ct.), cited the “instrumental role” that credit unions played in helping Americans recover following the great depression as well as the valuable service that credit unions continue to provide in the face of today’s economic challenges. The resolution, which is currently in the House Committee on Financial Services, also supported credit unions for their continued commitment to the core philosophy of “people helping people.” This Friday, June 26, will mark 75 years from the date that President Franklin Roosevelt signed the Federal Credit Union Act, which enabled credit unions nationwide to organize under a federal charter.
Other Resources

RSS print
News Now LiveWire
#creditunions emphasize co-op principles during National Co-op Month #NewsNow http://t.co/zEb9UFot1N
4 hours ago
Servicemember's spouse drives away with Bank on More's SUV thanks to #missouri #creditunions http://t.co/WvTrKxh0sV
5 hours ago
From @FHFA this a.m.: U.S. house prices up 0.5% in Aug. on seasonally adjusted basis from previous month. More here: http://t.co/1yVDOPggeX
6 hours ago
@TheNCUA open meeting is slated to start at 10 a.m. ET. Should be a quick one. #NewsNow http://t.co/rfYjnat7eI
7 hours ago
Mass. CUs in unanimous vote joined RI and NH CUs in approving merger of the 3 state leagues 2 form the Cooperative Credit Union Association.
7 hours ago