Kay Hoveland

  • Converting CUs Should Not Have to Pay Exit Tax

    I was disappointed that CUNA and NAFCU have taken the position that converting credit unions should pay future corporate stabilization fund assessments. I see this as an exit tax on credit unions. I see it as contrary to the principles of charter choice and free markets. I object to any...

  • California Fed Panelist Snipes at Tax Exemption

    A former credit union executive turned banker says she welcomes CU reps on a Fed panel she heads, but opposes CU tax exemption.

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