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March 11, 2012
In January, we learned the Federal Reserve is unlikely to raise interest rates until late 2014. With recent declining net interest margins, regulatory reform eating away at our fee income, the NCUA’s assessments and other earnings pressures on the horizon, improving noninterest income is more important than ever.
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By Claude R. Marx |
April 14, 2010
Bellco Credit Union doesn't have to pay unrelated business income tax on its income from credit insurance or on royalties from accidental death and dismemberment insurance.
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By Claude R. Marx |
February 24, 2010
Successfully suing the Internal Revenue Service over the unrelated business income tax and serving as a test case for the credit union movement might be enough political activity to last any financial institution for several years.