FOR IMMEDIATE RELEASE
Contact: Vicki Christner – CUNA Communications; 202-329-9950; email@example.com
Washington, DC (November 2, 2017) - Following the release of the House Ways and Means Committee tax bill entitled "Tax Cuts and Jobs Act," Credit Union National Association (CUNA) president/CEO Jim Nussle released a statement:
“We thank the House for taking this first step in needed tax reform, and like those who are pushing toward reform, CUNA, Leagues and credit unions are committed to building and supporting a strong middle class in this country. As of now, the credit union tax status remains unchanged in this bill and the bill looks good from a credit union perspective, but this is an ongoing process and change can happen anytime. CUNA will be thoroughly reviewing the bill and remains engaged with both chambers of Congress as this process continues, ensuring policymakers are fully aware of the credit union difference in the financial services marketplace and in the lives of our 110 million members.”
Credit Union National Association (CUNA) is the only national association that advocates on behalf of all of America’s credit unions, which are owned by 110 million consumer members. CUNA, along with its network of affiliated state credit union leagues, delivers unwavering advocacy, continuous professional growth and operational confidence to protect the best interests of all credit unions. For more information about CUNA, visit cuna.org.