NAFCU launches community strategy to protect CU tax status

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first_imgNAFCU President and CEO Dan Berger sent an email to the association’s members yesterday requesting their support to defend the industry’s tax-exempt status at the local level – though the exemption remains untouched in both the House and Senate bills.“Together, we will continue to defend credit unions and ensure our communities and economy continue to benefit from your good work as well,” Berger wrote in the email.Berger’s message was sent in light of recent attacks on credit unions’ tax-exempt status by members of the banking industry. In the email, Berger pointed members to an independent tax study released by NAFCU earlier this year that found the credit union tax exemption benefits $16 billion to the U.S. economy each year. 11SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr continue reading »last_img

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