Credit Union Association Urges Preservation of Exemption

American University

Interindustry Economic Research Fund Inc.

National Association of Federally-Insured Credit Unions

Elimination of the tax exemption for credit unions would increase burdens on consumers and result in less consumer spending that would cause the economy to lose money and jobs, according to a January report prepared on behalf of the National Association of Federally-Insured Credit Unions.

<p>Elimination of the tax exemption for credit unions would increase burdens on consumers and result in less consumer spending that would cause the economy to lose money and jobs, according to a January report prepared on behalf of the National Association of Federally-Insured Credit Unions.</p>