Tag Archives: lichfield

Fusion Credit Union Keen To Extend Deal To Manage Lichfield’s Jigsaw Community Hub Lichfield Live (2)

Credit UnionWILLOUGHBY, Ohio — A Mentor woman admitted plans to rob local credit unions after tellers called police with concerns about a suspicious woman wearing a Duck Dynasty” beard. Maybe the biggest fight is the battle against overzealous regulatory burdens that squeeze credit unions’ ability to offer the best possible products and services to over 100 million consumers and small businesses. Check out some of the hotly contested issues the National Association of Federal Credit Unions (NAFCU) is taking up before Congress. Various proposals could impact the credit union federal tax exemption or Unrelated Business Income Tax (UBIT). We will resume our reporting on the credit union’s numerous lawsuits in next month’s post.

The data in NAFCU’s study shows how vital the tax exemption is to credit unions, to their members and to the economy. NAFCU and other credit union trade organizations have bent lawmakers’ ears on data security in the …