Sen. Hatch Calls for Large Credit Unions to File Form 990 with IRS
The largest credit unions should be required to file Form 990 -- the standard return filed by most nonprofit entities ...
Tag: Credit unions
NCUA Response to Hatch Letter Reveals Permissive Approach to Credit Union Expansion
When considering applications for new associational common bonds since its 2015 rule permitting expansive new fields of membership, the National ...
ABA Wins on Two Counts in Credit Union Field of Membership Lawsuit
A U.S. District Court judge today invalidated a portion of the National Credit Union Administration’s field of membership rule that ...
GAO: CRA Statute Could Be Expanded to Include Credit Unions
The Government Accountability Office last week released a report outlining recommendations to further incentivize financial institutions to provide banking services ...
Judge Holds Hearing in ABA Lawsuit Against NCUA
A federal judge in Washington, D.C., today held oral arguments in ABA’s lawsuit challenging the National Credit Union Administration’s expansive ...
Nonpartisan Tax Group Hits Credit Union Stadium Deals
Sports naming rights deals -- like Golden1 Credit Union’s $120 million deal for the arena of the NBA’s Sacramento Kings ...
Credit Union CEO: Hatch Right to Question Large Credit Union Tax Exemption
Nearly a month after Sen. Orrin Hatch (R-Utah) wrote to the National Credit Union Administration questioning the federal tax exemption ...
State Associations to Sen. Hatch: Time to Change ‘Status Quo’ for Credit Unions
Taxpayers should no longer subsidize the nation’s largest credit unions that operate effectively the same way as taxpaying banks, all ...
Iowa Bankers Launch Ad Campaign to Do Away with Credit Union Tax Exemption
As the Iowa state legislature examines reforming the state tax code, the Iowa Bankers Association has launched a digital, radio ...
Sen. Hatch Writes NCUA with ‘Concern’ about Credit Union Activities
Senate Finance Committee Chairman Orrin Hatch (R-Utah), the top tax policymaker in the Senate, today sent a letter to the ...
