Federal Credit Union Act

E864723

The Federal Credit Union Act is a U.S. law that established the federal credit union system, providing a legal framework for the creation, regulation, and operation of member-owned credit unions nationwide.

All labels observed (2)

How this entity was disambiguated

Statements (48)

Predicate Object
instanceOf United States federal statute ⓘ
banking law ⓘ
financial regulation law ⓘ
administeredBy National Credit Union Administration ⓘ
amended by subsequent financial regulatory acts ⓘ
appliesTo member-owned credit unions ⓘ
authorizes chartering of federal credit unions ⓘ
citation 48 Stat. 1216 ⓘ
Public Law 73-467 ⓘ
codifiedIn Title 12 of the United States Code ⓘ
country United States ⓘ
dateSigned 1934-06-26 ⓘ
defines governance structure of federal credit unions ⓘ
membership requirements for federal credit unions ⓘ
powers of federal credit unions ⓘ
enactedBy United States Congress ⓘ
establishes federal credit union system ⓘ
governs operation of federal credit unions ⓘ
organization of federal credit unions ⓘ
supervision of federal credit unions ⓘ
historicalContext Great Depression era legislation ⓘ
jurisdiction United States federal government ⓘ
language English ⓘ
legalStatus in force ⓘ
longTitle An Act to establish a Federal Credit Union System, to establish a further market for securities of the United States and to make more available to people of small means credit for provident purposes, and for other purposes ⓘ
objective to encourage savings and thrift through cooperative institutions ⓘ
to make credit more available to people of small means ⓘ
primarySubject credit unions ⓘ
providesFor federal chartering of credit unions ⓘ
regulation of credit union powers and activities ⓘ
supervision of federal credit unions ⓘ
purpose to establish a federal credit union system ⓘ
to promote thrift among members ⓘ
to provide a legal framework for the creation and operation of member-owned credit unions ⓘ
to provide a source of credit for provident and productive purposes ⓘ
regulates federal credit unions ⓘ
relatedTo Federal Credit Union Share Insurance ⓘ
National Credit Union Administration ⓘ
sector financial services ⓘ
shortTitle Federal Credit Union Act ⓘ
signedBy Franklin D. Roosevelt ⓘ
subjectMatter consumer credit ⓘ
cooperative finance ⓘ
financial cooperatives ⓘ
targetGroup credit union members ⓘ
people of small means ⓘ
typeOfRegulation prudential regulation of credit unions ⓘ
yearEnacted 1934 ⓘ

How these facts were elicited

Referenced by (5)

Full triples — surface form annotated when it differs from this entity's canonical label.

Banking Code of the United States → includes → Federal Credit Union Act ⓘ
Federal Credit Union Act → shortTitle → Federal Credit Union Act ⓘ
Federal Credit Union Act → longTitle → An Act to establish a Federal Credit Union System, to establish a further market for securities of the United States and to make more available to people of small means credit for provident purposes, and for other purposes ⓘ
linked to: Federal Credit Union Act