NAFCU to Tax Writers: Don't Believe the Community Bankers on Tax Exemption

"Do not be fooled, ICBA wants you to tax credit unions to eliminate a major source of competition."

By David Baumann | March 30, 2021 at 01:33 PM

Independent Community Bankers of America's website.

As President Biden prepares to outline possible corporate tax increases to pay for his spending proposals, NAFCU fired back at community bankers who contended that taxing credit unions would be an attractive means for raising revenue.

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
Exclusive discounts on ALM and CU Times events.
Access to other award-winning ALM websites including Law.com and GlobeSt.com.

NOT FOR REPRINT

Regulatory & Compliance

1 Credit Unions in Seven States Name New CEOs

2 Member Sues California Credit Union Over Return Deposit Item Fee

3 Overdraft Fees Now in CU Call Reports Reveal Declining Trend

4 17 Credit Union Professionals Elevate Their Careers

5 2024 Trends & Opportunities in Executive Compensation

Consulting
Consulting Top Consultants 2024
June 27, 2024 - New York

Consulting Magazine identifies consultants that have the biggest impact on their clients, firms and the profession.
More Information
Real Estate
GlobeSt. Women of Influence (WOI) 2024
July 22, 2024 - Lake Tahoe

GlobeSt. Women of Influence Conference celebrates the women who drive the commercial real estate industry forward.
More Information
Consulting
Consulting Best Firms to Work For 2024
September 12, 2024 - New York

Consulting Magazine identifies the best firms to work for in the consulting profession.
More Information

Carrie Hunt Says Regulators Are Challenging the CU Business Model

By Michael Ogden | May 17, 2024

Hunt, with America's Credit Unions, states credit unions are being stressed under CFPB and NCUA regulations.

Carrie Hunt Says Regulators Are Challenging the CU Business Model

Chopra: CFPB 'Firing on All Cylinders'

By Jim DuPlessis | May 17, 2024

The director promises to hire more investigators, resume delayed enforcement actions and fight against "junk fees".

Supreme Court Rejects Challenge to CFPB

By Jim DuPlessis | May 16, 2024

In 7-2 ruling, justices dismiss arguments of payday lenders and CUs that the funding mechanism is unconstitutional.

Check Fraud Mitigation: Capabilities to Protect Your Credit Union link

White Paper

Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
Exclusive discounts on ALM and Credit Union Times events.
Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now

Instant Insights /