Matz Stresses Service To Defend CU Tax Exemption

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In remarks here last week, NCUA board member Debbie Matz challenged CU leaders to "reach everyone in this diverse community and become the standard by which other credit unions are judged."

Speaking to 130 members of the Metropolitan Area Credit Union Management Association (MACUMA), Matz said "D.C.-area credit unions, by virtue of your location in and around the nation's capital, have a unique opportunity to serve as models for all of America's credit unions. This requires developing innovative programs and outreach efforts so you can serve people from all walks of life...and other people with low-to-moderate incomes, including immigrants from every nation in the world."

Matz reiterated remarks she has stressed before other groups, noting, "When you reach out and help more people in the national capital area-especially those who are not served by other insured financial institutions-you give lawmakers more reasons to preserve your tax exemption."

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