Op-Ed: Why Credit Unions Matter More Than Ever

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This year is pivotal for credit unions and could shape our industry's future for decades to come. Debates over tax policy are heating up, and credit unions need to defend their federal tax exemption once again. 

In her new op-ed in CUInsight, Cornerstone League President/CEO Caroline Willard writes, “This is not just an industry concern—it’s a member concern. The credit union tax exemption isn’t about credit unions themselves; it’s about the millions of people, families, and small businesses we serve. It enables credit unions to offer better rates, lower fees, and financial services to those who need them most. In an era of economic uncertainty, skyrocketing housing costs, and rising consumer debt, the not-for-profit credit union model is more essential than ever.”

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