US EditionCREDIT UNIONS RALLY TO PROTECT TAX-EXEMPT STATUS, SAFEGUARDING 142 MILLION AMERICANS' FINANCIAL FUTURE
- Credit unions have maintained their tax exemption for nearly 100 years, which is crucial for their cooperative model.
- Eliminating this exemption would increase customer fees and weaken credit unions' community effectiveness.
- The industry represents over 140 million Americans who rely on credit unions for their financial needs.
- Efforts are ongoing to ensure that the importance of credit unions is recognized by lawmakers and in national media.
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CREDIT UNIONS RALLY TO PROTECT TAX-EXEMPT STATUS, SAFEGUARDING 142 MILLION AMERICANS' FINANCIAL FUTURE
ENOLA, Pa., June 20, 2025 /PRNewswire/ -- While much of the public debate in Washington focuses on high-profile issues, an equally important fight is underway to preserve the financial well-being of 142 million Americans: protecting the tax-exempt status of credit…
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Total News Sources42
Leaning Left2Leaning Right8Center7Last UpdatedBias Distribution47% Right
Bias Distribution
- 47% of the sources lean Right
47% Right
12%
C 41%
R 47%
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