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credit unions

Do credit unions still warrant a tax exemption?

AMERICAN BANKER MAGAZINE: Yael Ossowski, the deputy director at the Consumer Choice Center in Washington, D.C., said he began to pay more attention to credit union taxation after being struck by the presence of several large credit unions in his home state of North Carolina. “The huge footprint with a lot of these credit unions sparked […]

Consumer Choice Center Calls for End to CU Tax Exemption

ABA BANKING JOURNAL: CCC calls on the Trump administration and Congress to take steps to eliminate the credit union tax exemption as part of the broader plan to reform the U.S. tax code.

Why should banks pay taxes while credit unions get a break?

CHARLOTTE OBSERVER: If Congress and the administration are serious about making America’s tax structure fairer, their first action should be to end the free ride enjoyed by large credit unions at the expense of banks and taxpayers.

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