Recent News
Big Banks Push To End Credit Unions’ Tax-Exempt Status
Cooperatively run credit unions used by 96 million Americans could lose their tax exempt status if Congress approves a proposal from big banks to tax the not-for-profit financial institutions. Behind…
Don’t Make Credit Unions Die for Banks’ Sins
Five years ago this week, a collapsing housing bubble plunged America into its worst financial crisis since the Depression. Wall Street’s near meltdown midwifed both the tea party and the…
Big Banks Start Campaign to Destroy Credit Unions
The Move Your Money project was born out of the Occupy Wall Street movement, which began in September 2011. The impetus was the announcement by Bank of America that they…
Should Credit Unions Pay Taxes?
Credit unions got a big reputational boost during the financial crisis, as banking customers protested what in their eyes were reckless lending practices that led to massive bailouts of traditional…
Credit Union social media surge hits Washington with #DontTaxMyCU
The credit union mission has always been to ensure secure financial choices at lower costs for their members, but a change in tax laws could greatly hamper that effort unless…
‘Don’t Tax My Credit Union’ Tuesday Touted by CUNA
“The level of engagement we saw on Don’t Tax Tuesday is a testament to the power of social media and to the dedication of credit union members, who value their…