“Credit unions should be watchful of who they partner with. Be sure it’s (an entity) that’s either credit union-owned or close to the mission of credit unions. But there’s still room for everyone to be successful.” – Robert Hoefer, president/CEO of $327 million Dupaco Community Credit Union on trust service partnerships. Dupaco is one of six Iowa and Illinois credit unions that aligned with First Community Trust, N.A. in 2001. “We think it’s unfortunate. We disagree with the need for hearings.” -CUNA SVP for Governmental Affairs John McKechnie on House Ways and Means Committee Chairman Bill Thomas’ (R-Calif.) announcement to review non-profits’ tax-exemption. “In the overall picture, it’s good to be bipartisan.” -NAFCU Director of Legislative and Political Affairs Brad Thaler on the prospects for the Credit Union Regulatory Improvements Act.

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