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Obama: CUs "Support Americans as They Strive to Reach Their Financial Dreams"
Monday, June 30, 2014 6:25 AM

The White House has issued a Message from the President about the 80th anniversary of the Federal Credit Union Act, praising credit unions for their dedication to providing affordable financial services.

“This system of nonprofit, cooperative credit unions enabled individuals to come together to promote thrift and lift up one another,” President Barack Obama writes. “On the 80th anniversary of this historic legislation, let us remember that—especially in times of crisis—Americans summon the courage to create solutions to our most urgent challenges. As we mark this special milestone, I commend the staff of the National Credit Union Administration and all those who work and volunteer in our Nation’s credit unions. Your efforts support Americans as they strive to reach their financial dreams, and they help ensure these institutions can remain viable and valuable in the years to come.”

The full text of the Message from the President is available here.