A coalition of fiscal conservative organizations is urgingSenate Finance Chairman Orrin Hatch (R-Utah) tofollow through on his effort to closely examine the credit uniontax exemption, saying the largest ones more closely resemblebanks.

The ten groups, led by the National Taxpayers Union, say thatwhile the majority of credit unions continue to limit depositors togroups that hold a common bond, some have abandoned thoseprinciples.

“These particular entities have eased their membershiprequirements and accepted customers who do not meet their originalqualifications, which they set themselves, they said in a letter toHatch. “In doing so, they may have undermined the 'commonbond'requirement.”