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WEST PALM BEACH, Fla. – If there was any doubt that private insurance was a hot topic among credit unions, Credit Union Times’ voting poll question on the issue proves otherwise. In a record for a voting poll, 5,889 people logged on to the Credit Union Times home page (www.cutimes.com) to vote on the following question: “Do you agree with the position of the NAFCU Board that all credit unions should carry federal insurance?” The most compelling things about the poll were the number of participants as well as how divided the results were. It’s clearly an issue that has split the industry down the middle. The final results are as follows: * Yes 52.67% * Not Sure 0.63% * No 46.7% The next Credit Union Times’ Voting Poll question is now active. It attempts to find out what the industry thinks about bankers’ ability to push their taxation argument based on new credit union regs and powers. The question is as follows: “With more liberal field-of-membership powers; a greater ability to serve small businesses (including SBA loans); and rapidly expanding assets, do you think it’s getting easier for the bankers to make their argument that credit unions should be taxed?” The industry so far seems to think bankers do indeed have more ammunition to push taxation. Voting poll results as of press time, which are based on 221 votes, are as follows: * Yes 67.87% * No 26.24% * Not Sure 5.88% Log on to www.cutimes.com to vote on this question. Credit Union Times has made it fast and easy to participate. The poll question resides on the home page and it only takes one click of the mouse to vote. As an added benefit, updated results will be displayed each time you visit the site after the initial vote.

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