It looks like Congress will put the Tax Code in play and while it is unlikely the credit union income tax exemption is at risk, credit unions cannot take this for granted. We must be careful not to let banks define credit unions when they lobby Congress.
Donation Made In Addition to Business Continuity Relief Through Nationwide CO-OP Shared Branch And CO-OP ATM Networks, Available to Members of Participating Credit Unions
RANCHO CUCAMONGA,Calif. – CO-OP Financial Services is donating $10,000 to CUAid, organized to help credit unions and their members in Texas impacted by Tropical Storm Harvey. The donation augments the nationwide CO-OP Shared Branch and CO-OP ATM networks used extensively in credit union business continuity and recovery during times of disaster.