Lawmakers should keep credit unions' tax exemption, ensure that the regulatory overhaul doesn't overburden credit unions and ensure access to a secondary mortgage market.
Those are among NAFCU's priorities for the new Congress that begins tomorrow, according to a letter sent yesterday to House leaders, with copies to all members.
NAFCU President/CEO Fred Becker urged lawmakers to pass legislation that would address some of the "overlapping and confusing regulations" to ease the compliance burden and "prevent unnecessary expenditures and uncertainty" for credit unions.
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