Printer friendly
Acronymfinder

What does FCUA stand for?

FCUA stands for Federal Credit Union Act


This definition appears very rarely and is found in the following Acronym Finder categories:

  • Military and Government

Other Resources:
We have 1 other meaning of FCUA in our Acronym Attic

Samples in periodicals archive:

Consumers' options for managing their finances were greatly broadened on this date in 1934 after President Roosevelt signed the Federal Credit Union Act the day before, promoting the nationwide formation of credit unions.
In 1934, Congress passed the Federal Credit Union Act, allowing not-for-profit credit unions a federal tax exemption status with the purpose of making credit available to "people of small means" It gave those who needed loans an alternative to banks that would not lend to them.
Bureau of the Census 1975, 1,049) and 2,500 by 1934, when the Federal Credit Union Act created federal credit union charters (U.
Congress incorporated the common bond concept into Federal Credit Union Act of 1934 by emphasizing the fact that credit unions' members must be united by a "common bond of occupation or association, or belong to groups within a well-defined neighborhood, community, or rural district".
The court interpreted the Federal Credit Union Act as limiting membership in a federal credit union to individuals sharing a single common bond.