HOLMDEL, N.J. – There is a pervasive feeling in the credit union industry that the banker attacks are finally starting to hit their mark with lawmakers. Bankers are clearly trying to segment credit unions into two groups. The first is smaller credit unions that, in the bankers’ eyes at least, are sticking to their mission of serving people of modest means. The second group, again in the bankers’ eyes, is made up of large, “expansive” credit unions that have strayed from Congress’ intent. Credit Union Times’ new online voting poll looks at just how safe the credit union tax-exemption is given the bankers’ efforts to get this message to Congress, and other events, such as the recent House, Ways and Means hearing on the tax-exemption. The question is as follows: Do you think credit unions will lose their tax-exemption within the next five years? * Yes * No * Not Sure * Large CUs that meet certain criteria will be taxed – [email protected]

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

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

  • Critical CUTimes.com 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 Law.com and GlobeSt.com.

Already have an account?


© 2023 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.


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 TreasuryandRisk.com and Law.com.

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

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