Budget Reconciliation Bill Advancement is a Positive Sign for Credit Union Tax Exemption
The House Budget Committee advanced the budget reconciliation bill to the House Rules Committee, still without language affecting credit unions’ tax exempt status. Esteban Camargo reports on the vote and what comes next as credit unions watch with bated breath.
The Art of the Steal
Chip Filson shares the consequences of regulation without enforcement: unchecked mergers doling out hundreds of thousands to executives while paying credit union owners less than they’re due.
Student Loans in the Wake of Department of Education Elimination: An Opportunity for Credit Unions
With the Department of Education on the brink of closing and the student loan system inside of it in a state of confusion and chaos, borrowers are in desperate need of solutions and support. Emily Claus urges credit unions to not only recognize the opportunity in front of them, but to answer borrowers’ call for help and serve as a trusted financial institution during this time.
How to Pick the Right Sponsorship for Your Credit Union
To further engage with their communities, credit union should consider sponsorship opportunities among local businesses and programs. But how to choose the right one? Kristin Llewelyn offers tips on making sure your partnership aligns with your credit union’s mission.
Credit Unions Secure Major Tax Status Victory
Emily Claus reports that after months of relentless campaigning, credit unions have secured a huge win in the tax exemption fight, as the House Ways and Means Committee reconciliation bill presented today failed to include any changes to the industry’s tax status.
Leveraging Outsourcing Partners to Stay Competitive
At a time when credit unions are seeking new ways to grow and break into new markets, Dennis DuFour recommends credit unions use every tool in their arsenal—including external vendors and partnerships.
Credit Union Leaders: Your Robot Butler Is Reporting For Duty
As many fear AI is here to replace workers, Rick DeLisi reminds credit unions that these tools can and should be used to support and assist employees, not take over their work.
The Characteristics of a Successful Credit Union Leader: Is It You?
As the industry faces many hurdles, Bo McDonald encourages credit union leaders to step up to the plate and out of the box to find unique solutions to overcome these challenges.
Proposed Budget Cuts Would Slash CDFI Discretionary Awards
The FY2026 budget proposal from President Trump would eliminate the Community Development Financial Institution Fund’s discretionary awards and require the CDFI Fund to allocate 60 percent of loans and investments to rural communities, reports Esteban Camargo.
An Annual Meeting that Owners Stand in Line to Attend
Chip Filson asks what your credit union is doing to create excitement about annual meetings, and shares two examples, big and small, if organizations doing their best to respect their owners.
