Credit unions have benefited lower income and families especially, according to the Wisconsin Credit Union League.
Members of credit unions that participate in the National Credit Union Foundation's Real Solutions program save $200 million per year nationwide, according to the Wisconsin Credit Union League.
A report from an economic advisory panel to the Obama Administration broke into the usual late summer political doldrums last week and returned credit unions to the perennial tax debate again.
The Wisconsin Credit Union League is once again calling out bankers, this time on their claims that credit unions are not doing enough to serve the underserved.
The report from President Obama's Economic Recovery Advisory Board that mentioned taxing credit unions has sparked a flare up in the ongoing fight between banks and credit unions in Wisconsin.
The Wisconsin Bankers Association's claim that credit unions are not doing enough to serve the underserved is a "shameful" attempt to deflect from business lending efforts, the Wisconsin Credit Union League said.
The banking industry's push to stonewall attempts to attach an amendment to a bill that would raise the member business lending cap continues to draw the ire of the Wisconsin Credit Union League.
The Wisconsin Credit Union League has stepped up its criticism of banks that have stonewalled attempts to attach an amendment to a bill that would raise the member business lending cap.
Now that it has some tangible evidence from a nearly year-old project that provided training to credit union employees on investment education, the Wisconsin Credit Union League is gearing up to reach the poor and underserved.
The underserved and poor individuals who may find it hard to save for retirement will receive help through an investment project from the Wisconsin Credit Union League.