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A Taxing Week in Washington
Glen recaps an action-packed Government Affairs Conference, featuring our annual interview with America’s Credit Unions’ Economics Team on the coming year’s outlook. An “existential threat” to the industry’s income tax exemption headlined a packed agenda, but the CFPB, NCUA and interchange legislation were also on the menu- not to mention tariff whiplash and market uncertainty.
Links related to this episode:
America’s Credit Unions’ Monthly Economic Updates: https://www.americascreditunions.org/data-tools/economic-data-bank-comparisons/economic-update-video-archive
The Don’t Tax My Credit Union Advocacy/Resource page: https://www.donttaxmycreditunion.org/
CrossState CUA’s explanation of why credit unions offer better rates: https://www.crossstate.org/about/communications/blog/why-do-credit-unions-have-better-rates/
Glen’s blog covering the GAC’s key takeaways: https://www.big-fintech.com/gac-takeaways-tax-exemption-interchange-the-cfpb-and-ncua/
Join us for our next CU Town Hall- Wednesday March 12 at 3pm ET/Noon PT– for a live and lively interactive conversation tackling the major issues facing credit unions today. This session will focus on a discussion of key takeaways from the Governmental Affairs Conference. The Town Hall is free to attend, but advance registration is required: https://www.cutownhall.com/
Signing up for the Town Hall also earns you a card for our Bingo game tracking 2025 industry predictions. Find out more here: https://www.big-fintech.com/Media?p=did-you-have-that-one-on-your-bingo-card
Join us on Bluesky! @bigfintech.bsky.social @154advisors.bsky.social (Glen) @jbfintech.bsky.social (John)
And connect on LinkedIn:
https://www.linkedin.com/company/best-innovation-group/