Are you talking to your members about what’s at stake if credit unions lose their tax-exempt status?

by Katie Stone, PixelSpoke

Every year around this time, as the credit union faithful return from the annual Government Affairs Conference (GAC) in Washington, D.C., one topic is an action list constant: Preserving credit unions’ tax-exempt status.

Although efforts to maintain this status tend to take on a higher level of urgency whenever a new administration moves into the Oval Office, credit union leaders were more concerned than usual this year.

According to a recent interview with Michael Goad, CEO of the $2.4-billion Dow Credit Union, anyone who believes in the value of credit unions has reason to be worried.

Read the full article at CU Insight