credit unions
credit unions tax exempt
The Wisconsin Credit Union League recently shared an article highlighting a recent study showing the benefit of the credit union tax exempt status (Read it here!). The study revealed that Tax-exempt credit unions save US consumers $15 billion per year. It also estimates losses of $5.6bn in annual federal income tax revenue if credit unions’...
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NCUA Releases 2021 Second Quarter Credit Union System Performance Data ALEXANDRIA, Va. (Sept. 8, 2021) – According to the latest financial performance data released today by the National Credit Union Administration, federally insured credit unions reported net income growth of $11.9 billion in the second quarter of 2021, or 126.8 percent, over the same period one...
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