Inside Sources: What Happens If the Credit Union’s Tax Exemption Gets Removed?

The push to end tax exemption and treat credit unions more like banks would not make the allocation of credit better, cheaper and more efficient. Instead, it would reduce competition and limit credit, affecting mostly the underserved population. You can read this op-ed at Inside Sources. What Happens If the Credit Unions’ Tax Exemption Gets […]

The Hill: Credit Unions Deserved Their Tax Exempt Status

There’s a reason one in three Americans is a member of a credit union and that credit unions consistently outperform banks in consumer satisfaction ratings: Credit unions deliver valuable services to their members and the economy as a whole. Instead of seeking to cripple a competitor through government intervention, perhaps banks should seek to do […]