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CU Expansion, Taxation Make ABA Priority List

WASHINGTON-Tripping up credit union expansion efforts and supporting their taxation are among the American Bankers Association's top priorities for 2003. ABA's statement on credit unions was third on a list of priorities listed in February's ABA Banking Journal chairman's column. However, other items included in the list are matters that...

By Staff Writer | Updated on March 04, 2003

WASHINGTON-Tripping up credit union expansion efforts and supporting their taxation are among the American Bankers Association’s top priorities for 2003. ABA’s statement on credit unions was third on a list of priorities listed in February’s ABA Banking Journal chairman’s column. However, other items included in the list are matters that banks and credit unions can work on hand-in-hand, including working with law enforcement to fight money laundering and terrorist financing; promoting identity theft education; encouraging principled corporate behavior and truthful accounting; enacting “meaningful” bankruptcy reform; helping to stop deceptive lending practices; and addressing fraud and robbery increases.

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