The NCUA stepped forward Wednesday in formal support of U.S. military veterans.

The credit union regulator signed a memorandum of understanding with the U.S. Department of Veterans Affairs to create more employment opportunities for veterans and promote greater workforce diversity in the agency through the Feds for Vets program.

The NCUA is the first financial services regulatory agency to partner with the VA in the program, which is part of the Obama Administration's national strategy aimed at increasing the number of veterans in the federal workforce.

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