Tag Archives: credit unions

California Bankers Op-Ed Challenges CU Tax Exemption

Seizing on the news that Golden 1 Credit Union has purchased the naming rights to a new sports arena in Sacramento, California Bankers Association President and CEO Rodney Brown penned an op-ed -- published Wednesday in the Sacramento Bee -- challenging the credit union industry’s outdated tax exemption.

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ABA Opposes Credit Union Efforts to Loosen Membership Rules

ABA President and CEO Frank Keating yesterday expressed the association’s strong opposition to efforts by the Credit Union National Association to ease further the already-loose field of membership requirements that ensure credit unions remain dedicated to serving people with meaningful common bonds.

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ABA, ICBA Oppose Back-Door Increase in CU Business Lending

ABA and the Independent Community Bankers of America wrote to the House Appropriations Committee on Friday opposing the use of the congressional spending process as a back door for a credit union-backed provision to further expand their member business lending privileges.

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