We’ve made the news again! The Missouri Times profiled the Missouri Credit Union Association (MCUA) in an article published on Aug. 14, 2013.
Our very own Amy McLard, senior vice president of Advocacy, was interviewed for the piece. She spoke on the ways that MCUA works to protect credit unions in Missouri and mentioned the ongoing tax exemption status fight.
“We have a national effort on hand going with Facebook, Twitter and websites to make sure lawmakers recognize the important role credit unions play in the financial landscape and how much we serve working families and why that’s needed,” McLard said. “Because if credit unions would be taxed, it would be a tax on the people who use credit unions as well as the people who don’t because we benefit consumers.”
She also shared the topic of business lending, and how we are fighting to see that 12.25 percent cap on assets rise to 27.5 percent. That increase in the asset rate would mean credit unions could issue more business loans and encourage more collaboration within the community--which is what credit unions are really all about!
Read the full story here.