WASHINGTON – President George W. Bush wrote a letter to CUNA President and CEO Dan Mica expressing the administration's support for credit unions' tax exemption. "I support strongly the tax-exempt status of credit unions, and will continue to highlight the important contributions that credit unions make to our financial system," President Bush wrote. "As service oriented, member-owned financial cooperatives, credit unions should continue to invest in a safe and sound manner in America's future." He emphasized credit unions' role in the success of the White House's pro-growth policies have had on the nation's economy. "By increasing lending opportunities to small businesses, families, and workers, credit unions are contributing to our economic recovery and increasing opportunities in our communities," the President wrote. [email protected]
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