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ICBA Targets Credit Union Tax Exemption, MBL Cap in 2012 Priorities

Credit unions still stick in the craw of community banks, based on the priorities for the coming year the Independent Community Bankers of America announced Tuesday at its annual convention in Nashville, Tenn. One of its seven priorities is titled “Stop Unfair Tax-Exempt Credit Union Power Grab,” notes coverage by the Credit Union Times.

It’s the same rhetoric we’ve grown accustomed to from the bankers, but it underscores just how important it is that we remain united in our vision for a thriving credit union system and that we continue to fight the good fight in the legislative arena. You can read the Credit Union Times article in its entirety here.

Tags: credit union tax exemption, taxation, MBL, Member Business Lending


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