Tag: Credit Unions

Credit unions are buying more banks. Get used to it.

The more bidders, the merrier. That philosophy among small-bank sellers is driving the increase in credit union acquisitions of banks this year, and it’s a big reason the trend is expected to gain further steam. More sellers are inviting offers from credit unions — in addition to putting out the normal feelers among banks —…
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April 9, 2018 0

Tax credit unions? Iowa bill could lead the way

The tax-exempt status of credit unions has become a hot topic in Iowa. State senators are expected to vote on a sweeping tax bill soon that would impose a franchise tax on credit unions. While Iowa’s bankers are thrilled, credit unions are encouraging members to object to lawmakers. The debate comes about a month after…
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February 28, 2018 0