On this day in 1967, President Johnson signed a bill amending the Federal Credit Union Act.
’The bill that I sign today, we think, strengthens our Federal credit unions. It allows them to:
’Lend money more easily
’Pay dividends twice as often, and
’It allows them to pay dividends for a whole month on deposits received during the first 10 days of the month.
’A credit union can be another weapon in the war on poverty.’
On this day in 1968, President Johnson traveled to El Paso, Texas, to attend the inauguration of the new river channel completing the Chamizal Boundary Change.