While financial institutions wait for guidance from the DOJ, credit union leagues in Colorado and Washington caution against opening accounts for state-legal weed businesses.
As federal tax reform lingers on Capitol Hill, Credit Union Times asked industry experts how the elimination of the credit union tax exemption could impact balance sheets.
Eliminating exemption would change playing field, increasing bottom line and management burden, execs argue.
Credit union lobbyists top list of opinion professionals.
At press time, the federal government shutdown was on its second full day. Reports are mixed regarding how long it could last—some still maintain it will be over in a few days, while others insist the political impasse could drag on for weeks.
Wowsah! Just think of all the fee income these credit unions are leaving on the table in the name of service.
WASHINGTON — Optimism about saving tax exemption in the air heard at CUNA's “Don’t Tax My Credit Union” event at Credit Union House.
National Flood Insurance Program unaffected by shutdown as rate hikes kick in.
Trade group EVP says, "We're getting Dan for a pretty good price."
Community banks but not credit unions win specific mention in regulatory relief bills, but they still would help.