BLOOMINGTON, Minn. – U.S. Rep. Jim Ramstad, meeting with the Minnesota Credit Union Network Aug. 6, committed to promote credit unions and fight attempts to tax credit unions. Speaking at a meet-and-greet hosted by US FCU, Ramstad recognized the important role credit unions play in the economy. “We have to do everything we can as policymakers on the state and federal level to promote credit unions – not put road blocks up for credit unions, not to try and tax what you’re doing. You’re a not-for-profit organization, owned by your members, and like other not-for-profit organizations, should not be taxed,” he said. In addition to addressing the CU taxation issue, Ramstad also addressed other important timely issues such as healthcare, the economy, public education and transportation. He also reemphasized his support of reauthorizing the Fair Credit Reporting Act.

Complete your profile to continue reading and get FREE access to, part of your ALM digital membership.

Your access to unlimited content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including and

Already have an account?


Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including and

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2023 ALM Global, LLC. All Rights Reserved.