RI CUs Not On Taxation Radar

Rhode Island hasn't had to address a serious credit union taxation threat in recent history. There are only 11 banks headquartered in the state and their small trade group has not made credit union taxation a high priority. Lawmakers in Rhode Island understand the vital role that credit unions play in the delivery of financial services to a large segment of the population of the state. Nevertheless, the league remains ready to address any threat of credit union taxation should it arise.