NASHVILLE—The Independent Community Bankers of America (ICBA) has formally announced its new policy toward targeting the credit union tax exemption.
THE feature
ALEXANDRIA, Va.—One week after NCUA Board Chairman Kyle Hauptman announced NCUA will no longer publish overdraft and non-sufficient fund fee income for individual credit unions, the two Democratic members of the board issued statements opposing the decision.
WASHINGTON—As the House Ways and Means Committee begins to mark up the tax reform bill this week, one report suggests credit unions may be spending money that may come back to hurt them.
WASHINGTON—While the credit union industry, including NCUA, expresses concerns about the potential consolidation of the nation’s prudential banking regulators, Treasury Secretary Scott Bessent stated he does not support the idea.
DALLAS—The Trump Administration is bringing more credit unions back to offering cryptocurrency, says Bank Social, which offers advice to CUs considering stepping into this space.
WASHINGTON—House Republican tax writers talked about credit unions’ tax-exempt status during their weekly lunch Wednesday, Punchbowl News reported, citing sources familiar with the meeting.
WASHINGTON—NCUA Board Member Todd Harper addressed some of the top issues NCUA is addressing today, including the possible downsizing of the agency and consolidation of federal regulators, during the Defense Credit Union Council’s annual Defense Matters event here.
WASHINGTON–NCUA Chairman Kyle Hauptman announced Monday that NCUA will no longer publish overdraft and non-sufficient fund fee income for individual credit unions.
WASHINGTON—Amid a transformative year in Washington, the Defense Credit Union Council and America’s Credit Unions are sending thousands of representatives to Capitol Hill this week to advocate for CUs and their priorities. At the top of their agenda: preserving the credit union tax exemption.
ALEXANDRIA, Va.—With the Trump Administration calling for deep staff cuts at federal agencies, the NCUA board Thursday noted if such reductions are made at the agency, the normal operating level of the NCUSIF may need to be raised.