
Recent News
Tax Increase for Credit Unions Remains Unlikely
Stewart Thomas has banked at Sunstate Credit Union in Gainesville for 25 years.
“They’re community based. All the money deposited in the banks is used for loans inside the community,”…
“They’re community based. All the money deposited in the banks is used for loans inside the community,”…
Pitting credit unions against the banks
Banking sources say tax reform is their best chance in years to change the century-old tax status of their chief competitors. Credit unions are taking an equally aggressive stance, seeing…
Scott Woods speaks about the Don’t Tax My Credit Union campaign on ABC News
Listen to South Carolina Federal Credit Union CEO Scott Woods speak about the Don’t Tax My Credit Union campaign on ABC News.
Credit unions stepping up to help federal workers without paychecks
As the government shutdown continues, credit unions whose members are federal workers offering low-rate loans and other assistance. Here is just a sampling, but check out your credit union if…
The Credit Union Tax Exemption Issue
In 1934, the Federal Credit Union Act set the foundation for the organization of federal credit unions. A federal credit union was defined as a “cooperative association organized…for the purpose…
Speak with a bank teller? There’s a fee for that.
Some bank fees, like getting charged at another bank’s ATM, are old news, but some banks are now implementing dozens of new non-standard fees, including one for speaking to a…