Treasury Secretary Steven Mnuchin released a broad outline of President Donald Trump’s tax reform agenda Tuesday, and while details are currently sparse, CUNA has engaged and will continue to engage with policymakers and staff. In addition to advocacy efforts in Washington, D.C., CUNA is working with its league partners to defend the credit union tax […]
CUNA President/CEO Jim Nussle appeared on CNBC’s Squawk Box Tuesday morning to share thoughts on the tax reform process. Nussle has extensive experience on the topic as he served in Congress from 1991 to 2007 and as director of the Office of Management and Budget from 2007 to 2009. “Having actually quarterbacked a tax bill
CUNA remains prepared to defend the credit union tax status if necessary, CUNA President/CEO Jim Nussle said Wednesday in response to the release of a Republican tax reform platform. The 9-page document calls for tax cuts, but doesn’t provide specific details about how they would be funded. “The presence of not-for-profit, member-owned financial cooperatives brings
They make money in similar ways, but the key difference is that credit unions serve members, not shareholders.
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
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.