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United States President Franklin D. Roosevelt signs the Federal Credit Union Act, which establishes credit unions.
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Franklin D. Roosevelt
President of the United States from 1933 to 1945
Franklin Delano Roosevelt, also known as FDR, was the 32nd president of the United States from 1933 until his death in 1945. He is the longest-serving U.S. president, and the only one to have served more than two terms. His first two terms were centered on combating the Great…Source: Wikipedia (CC BY-SA)
Federal Credit Union Act
1934 U.S. law establishing a national credit union system
The Federal Credit Union Act is an Act of Congress enacted in 1934. The purpose of the law was to make credit available and promote thrift through a national system of nonprofit, cooperative credit unions. This Act established the federal credit union system and created the…Source: Wikipedia (CC BY-SA)