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ABA Chair Stewart ‘Deeply Concerned’ About Credit Union Field of Membership Expansion

July 08, 2020 at 06:01PM

The Supreme Court’s recent denial of the American Bankers Association’s appeal in a case challenging the National Credit Union Administration’s 2016 field of membership rule “is another unfortunate step toward America’s credit unions becoming nothing more than banks that refuse to pay federal income taxes,” ABA Chair Laurie Stewart said today.

The post ABA Chair Stewart ‘Deeply Concerned’ About Credit Union Field of Membership Expansion appeared first on ABA Banking Journal.

via ABA Banking Journal https://bit.ly/3fd0zSm

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