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The Credit Union Give-Back Model: Proving you deserve your tax-exempt halo

Summary by CUInsight
Credit unions have long positioned themselves as the good guys in financial services—member-owned, community-focused, and driven by a mission to serve rather than profit. But how well are they living up to that mission? Banks argue that credit unions have grown so large that they operate more like profit-driven banks than community-centered cooperatives. The sticking point? The tax exemption. Credit unions defend their tax-free status by claimi…
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CUInsight broke the news in on Friday, May 23, 2025.
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