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Nussle pushes back against Iowa bill to raise CUs taxes

President/CEO Jim Nussle wrote a letter to members of Iowa Senate urging them to reject legislation that would place an additional tax on credit unions. Senate Study Bill 3197 would raise taxes on Iowa credit union members and reduce taxes on banks and their stockholders, many of whom do not live in the state. As bank attacks have ramped up in the state, CUNA works closely with the Iowa Credit Union League to combat the issue.
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Press

News from CUNA: Nussle pushes back against Iowa bill to raise CUs taxes

CUNA President/CEO Jim Nussle wrote a letter to members of Iowa Senate urging them to reject legislation that would place an additional tax on credit unions. Senate Study Bill 3197 would raise taxes on Iowa credit union members and reduce taxes on banks and their stockholders, many of whom do not live in the state. As bank attacks have ramped up in the state, CUNA works closely with the Iowa Credit Union League to combat the issue.
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Press

CUNA, NAFCU Call Out Bankers in Joint Letter to Hatch

The Credit Union National Association (CUNA) and the National Association of Federally-Insured Credit Unions (NAFCU) today in a joint letter to Senate Committee on Finance Chairman Orrin Hatch defended the credit union industry's tax exemption status, stating that recent information propagated by state bank associations criticizing this status is erroneous.
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Sponem Delivers Oral Testimony at FSOC Hearing

Credit Union National Association witness Kim Sponem, President/CEO of Summit Credit Union in Madison, Wis., delivered the following oral testimony at today’s hearing in the House Financial Services Subcommittee on Financial Institutions and Consumer Credit, titled “Examining the Current Data Security and Breach Notification Regulatory Regime.”


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Credit Union Magazine: Fall 2023

Fall 2023

Credit Union Magazine’s Fall 2023 issue examines how artificial intelligence is shaping marketing, strategies to improve cyber hygiene and overall cybersecurity, the need to employ risk management to address inflation and its impacts, new approaches to board recruiting, and NCUA’s top supervisory priorities.
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