Dale Owen, Iowa Credit Union Foundation chair Over the past 28 years, I have dedicated my career to improving the financial lives of people living and working in the Quad-City area. Early in my career, I worked for local community banks that merged into larger, national banks. In 1999, I started working for Ascentra Credit […]
Iowa credit unions impact their communities, economy Read More »
Since 1925, credit unions have been a valued alternative for Iowans in the financial services marketplace. As credit union leaders, we feel fortunate our employees will never have to worry about a conflict between serving our members and meeting the needs of our owners. They are the same people.
Credit unions a vital part of Iowa’s financial ecosystem Read More »
It’s hard not to chuckle after reading Frank Keating’s latest rant on The Hill’s Congress Blog (“Time for Congress to tackle credit unions’ runaway regulator,” July 23) against credit unions and their federal regulator, the National Credit Union Administration (NCUA). Any time you see the bankers complaining about credit unions, know that life must be pretty good for the banking industry.
Credit unions have a prudent regulator, not a ‘cheerleader’ Read More »
James A. Hughes, president of Unity Bank, recently penned an Industry Insights blog for NJBIZ entitled “It’s time for credit unions to pay their fair share.” There is a simple reason why credit unions do not pay taxes — they are member-owned, not-for-profit financial cooperatives that have numerous restrictions placed on them that banks do
Setting the record straight regarding credit unions and taxes Read More »
Nothing brings residents and fans together like the construction of a world-class downtown arena, a visible symbol of the region’s economic and cultural revival. The community continues to celebrate the historic announcement of a 20-year partnership between the Sacramento Kings and Sacramento’s own Golden 1 Credit Union.
Another View: Credit unions are good for California Read More »
Why Credit Unions Are Tax Exempt – Credit unions don’t pay federal income tax because we are not-for-profit financial cooperatives…
Why Credit Unions Are Tax Exempt Read More »
What’s the difference between a traditional bank and a credit union? Well, think of it this way; banks are businesses owned by shareholders, credit unions are not-for-profit money cooperatives owned by those who belong to the credit union.
Differences Between Credit Unions and Banks Explained Read More »
You’re part of a credit union–wonderful! But what, exactly, does that mean? How will it affect your day-to-day life? What does credit union membership mean for your checking account, your auto loan, and your financial future?
Credit Union Membership…Much More Than Ownership! Read More »
A new analysis by the independent economic research firm ECONorthwest found that Oregon’s credit unions generated $1.9 billion in economic impact in 2014.
The realities behind this top-line figure show that not-for-profit cooperative credit unions are foundational to the state’s economy.
Oregon’s Economy Needs Not-For-Profit Credit Unions Read More »
The opinion expressed by the president and CEO of the American Bankers Association, in the June 23, 2014, edition of The Hill, is worthy of comment, despite it being a stretch to yet find another way for a trade association to criticize the efforts of a cooperative system that in the view of many Americans provides better financial services than the banks Mr. Keating represents.
For decades, many banks have considered credit unions to be a threat to their survival. Each year, these banks have urged Congress to place greater restrictions on credit unions to lessen the ability of credit unions to compete.
Credit Unions Deserve Credit Read More »
