Credit unions fight to preserve their tax exemption.
Dear Editor,
Now more than ever before, we as credit union leaders must be heard as ONE VOICE. We must come together and stay together to be heard louder, stronger and smarter in support of American consumers and the credit union mission of "people helping people."
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As ONE VOICE we will continue to preserve and protect the sanctity of honest, affordable and accessible financial services for all, while evolving our relevancy to the digital age.
In response to Senator Orrin Hatch's (R-Utah, chairman of the Senate Finance Committee) letter to the NCUA calling into question the purpose of credit unions' tax exemption, I'm inspired by Dan Berger, NAFCU President/CEO and Jim Nussle, CUNA President/CEO's recent cooperation, and ONE VOICE, writing a jointly signed response to Senator Hatch.
By drafting and jointly signing this letter, Dan and Jim eloquently came together, in true credit union spirit of cooperation, as ONE VOICE. As we hear daily about the growing divisiveness of our country, it's refreshing to see the inclusive and cooperative approach of our industry's top leaders.
Well done gentleman!
Donna LoStocco Donna LoStocco
President/CEO
First Commonwealth Federal Credit Union
Lehigh Valley, Penn.
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