BY HEATHER ANDERSON CU Times August 22, 2013 Hundreds of credit union leaders and members—including representatives from nearly every area credit union—rallied outside of the Credit Union Association of New York headquarters in Albany on Thursday to voice their support for CUNA’s Don’t Tax My Credit Union campaign, the league said in a release. The rally was part of CUANY’s statewide Don’t Tax My Credit Union Week, designed to help raise awareness about the campaign and encourage credit unions to lobby Congress in support of the credit union tax exemption. Committee leaders in both the U.S. Senate and House have said they will attempt reforms to the tax code this year. Supporters gathered to hear guest speakers express the importance of the credit union income tax exemption. “Credit unions are member-owned, not-for-profit financial cooperatives that return their earnings to their members in the form of lower rates on loans, higher interest on savings, enhanced service an...
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