According to industry veteran John McKechnie, who was working on Capitol Hill back in 1986, the last time credit union tax exemption was on the Congressional chopping block, a “volatile” environment on Capitol Hill means credit unions should be vigilant when it comes to protecting their tax-exempt status in 2013.
Trade group hits the Hill as Congress begins new session.
"I see a brand new ball game," says former congressman/CUNA CEO.
Credit union events at the Republican National Convention happened outside the walls of the Tampa Bay Times Forum last week, but two credit union CEOs were among those inside the convention, listening to the speeches and roll call.
From asking employees to pay a greater portion of premiums to offering incentives for healthy lifestyles, some of the country’s largest employers are using a number of cost control measures to counter the expected rise in health care benefits in 2013.
Congress has two opportunities this year to reach back to the Main Street voters who elected them. Neither costs taxpayers a dime. Two bills would enable credit unions to provide affordable capital to consumers and to small businesses. It makes sense, then, for Congress to act this year to enact...
The Credit Union Association of New York has created an online resource center to assist credit union professionals, volunteers and members in identifying candidates that are and have been supportive of credit union issues.
Regarding the Editor’s Column [“Step Up and Put the Fear of CUs into Bankers” July 4 issue]. I wholeheartedly applaud Sarah Snell Cooke’s efforts to ignite a new passion for credit unions on the issue of member business lending.
Nearly five years after the housing bubble burst and the financial system collapsed, politicians are still clamoring for new ways to free up capital and spark growth across the country. The most recent effort, put forth by Sen. Mark Udall, proposes to increase the lending limit of credit unions from...
Douglas Fecher, president/CEO of the $2.45 billion Wright-Patt Credit Union told lawmakers last week to direct the Consumer Financial Protection Bureau to limit regulatory burden by using existing tools, such as the power to exempt credit unions from its rulemaking.