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A coalition of free-market-oriented groups is calling on Senate Finance Committee Chairman Orrin Hatch to rethink his push for a new tax on credit unions.May 23
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NCUA Chairman Mark McWatters has responded to a controversial letter from U.S. Sen. Orrin Hatch questioning the credit union tax exemption.April 24
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A bombshell letter from a prominent senator and a court ruling criticizing credit unions’ interpretation of “field of membership” have bankers hopeful that Congress may finally be willing to examine the public-policy purpose of the Depression-era tax break.April 23
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At a time when credit union leaders need to be heard as one voice, the leaders of two competing trade groups are exemplifying that spirit.March 23
President and CEOFirst Commonwealth FCU
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Lawmakers should consider taxing large, banklike credit unions that have strayed from their original fields of membership, argues a credit union executive.February 27
President and CEOIdaho State University Credit Union
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If taxation is the future of our movement, it should be directed at large, bank-like credit unions in order to protect smaller institutions that have stayed true to our founding spirit.February 27
President and CEOIdaho State University Credit Union
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As the credit union faithful descend on Capitol Hill for CUNA's GAC, advocates prepare to defend the movement's tax status in the wake of Sen. Hatch's letter questioning the exemption.February 26
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Financial services groups are calling for more funding for the Internal Revenue Service that could fix flaws in the agency's system for verifying the income of mortgage applicants.February 22
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The National Association of Federally-Insured Credit Unions and the Credit Union National Association sent a joint letter to Sen. Orrin Hatch on Wednesday defending the credit union charter and its tax status.February 21
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Fifty-two state bank trade associations sent a letter to Sen. Orrin Hatch, R-Utah, encouraging him to continue his review of the credit union tax exemption.February 20
