CUs Not Being Eyed To Balance Budget-Yet

The Florida Credit Union League remains alert to the possibility of an attack on credit unions' tax-exempt status. Along with their stated intent to take the leadership role in the national effort to repeal our tax exemption, Florida's banking lobby takes every opportunity to undermine credit unions' tax exemption at the state level. As a result of the league's relationships with Florida's legislative leaders, they understand the superior value of credit unions and our position in the financial services industry. Fortunately, they have not looked to credit unions to fill the holes in Florida's budget.