Members Take To The Airwaves In Iowa

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The Iowa league has produced a half-dozen radio spots in which members of credit unions provide testimonials and criticize the proposed new tax upon the state's credit unions. Below are two of the spots.

MEMBER: Last year, big banks brought ATM fees to Iowans. And today, they expect to make more than $10 million a year on those fees.

Worse yet, they're lobbying to avoid paying taxes on that profit. So it seems odd that these same banks are demanding lawmakers increase taxes on Iowa's credit unions.

Banks claim they want to level the playing field between themselves and member-owned credit unions.

How about just leveling with Iowans-you're out to make more money. Now I want to level with them-any increased tax on credit unions is a tax on hardworking Iowans like me. I'm Erin Rosacker, an employee at Iowa State University and a member of Greater Iowa Credit Union in Ames.

ANCR: Let Iowa lawmakers know that you're against any tax that would hurt your community. Brought to you by Erin Rosacker and the 850,000 other Iowans who remind their lawmakers that.

MEMBER: Any tax increase on credit unions is a tax on me.

ANCR: For more information, visit iowacreditunions.com.

MEMBER: When I needed a loan for my family car, my credit union was there for me.

Now, I'm proud to be here for my credit union. For the past several weeks, bankers have been demanding that lawmakers increase taxes on Iowa's credit unions.

You may have heard their commercials. But what they haven't told you is this-credit unions already pay their fair share of state taxes. And credit unions are more likely than banks to provide loans to low-income Iowans.

The truth of the matter is simple-any increased tax on credit unions is a tax on hardworking Iowans like me.

I'm Karen Fredrickson, an executive secretary at First Commercial Construction and a proud member of River Bend Credit Union in Burlington.

ANCR: Let Iowa lawmakers know that you're against any tax that would hurt your community.

Brought to you by Karen Fredrickson and the 850,000 other Iowans who remind their lawmakers that.

MEMBER: Any tax increase on credit unions is a tax on me.

ANCR: For more information, visit iowacreditunions.com.

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