Credit union acquisition milestone demands Washington response

The proliferation of credit unions buying banks has a downside, says a national community bank lobbying arm. Hundreds of millions of dollars in lost federal taxes are at stake — among other issues.

  • By Robert Fisher
  • | 9:30 a.m. September 15, 2021
Robert Fisher.
Robert Fisher.
  • Opinion
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The surge in tax-exempt credit union acquisitions of taxpaying community banks that has increasingly crossed state lines has reached a new and concerning milestone.

 

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