SHREWSBURY, N.J. — Credit unions face a myriad of threats in 2007, but which ones loom the largest?
The bankers continue to push for the removal of the credit union tax-exemption. Many leaders agree that if it was removed, credit unions would cease to exist? But how real is that threat?
Credit unions of all sizes are under intense economic pressure. Spreads are tight. It's costly to add new members. Growth is slowing on loans. Complying with burdensome regs is straining budgets.
Continue Reading for Free
Register and gain access to:
- Breaking credit union news and analysis, on-site and via our newsletters and custom alerts.
- Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders.
- Educational webcasts, white papers, and ebooks from industry thought leaders.
- Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com.
Already have an account? Sign In Now
NOT FOR REPRINT
© 2024 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.
