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.
House hearing brings out opposing viewpoints over rates said to jump as high as 3,000%.
Mississippi lacks standing to enjoin, agency says. Massachusetts AG cites "bureaucratic ostrich headedness."
Eliminating exemption would change playing field, increasing bottom line and management burden, execs argue.
Fed nominee says larger banks in line for more regulation.
Virtual currency topic of Homeland Security committee session next Monday.
Trade group cites "unacceptable financial burden" while reinsurers cast wary eye at blanket subsidies.
It’s been about a year since two employees at the $1.6 million Enterprise Credit Union pleaded guilty to embezzling almost $1 million over a period of 10 years, but the topic still fuels the gossip mill in the small Kansas town. And, according to one prominent resident, the incident reduced...
“Once you break that type of trust, there’s no turning back.”
A last-minute deal that avoided a federal default spared credit unions from having to re-evaluate U.S. Treasury bond values on their books, a calculation other financial institutions had begun to make.