WASHINGTON–The latest round of advertisements by America’s Credit Unions features a General Accountability Office report noting taxpayers are subsidizing the banking industry by $1.3 billion to $1.9 billion each year, despite the fact banks are the U.S.’s most profitable industry since 2000. It warns: “Now the banks want to tax 90 million Americans who are credit union members.” The ad, which began publication today and will continue running through next week, is being printed in The Hill, Roll Call and Congress Daily, according to CUNA Spokesperson Pat Keefe. America’s Credit Unions is a joint project by CUNA and NAFCU.
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