.... Looney Tunes?
😎 Commenter: Anonymous May 1, 2025 at 9:01 AM
"I get the problems with H.187 and that pushing for it is asking for trouble right now, but why is there sudden concern over federal taxation? I don't remember the CEO of SECU ever having to send an email to everyone about that. What changed?"
✅ The Brookings Institution is a well-regarded, Washington, D.C. - based "think tank" which conducts research on a wide range of political, social, and economic issues. They conducted a webinar this morning on credit union issues!
Thought the best answer for the commenter is to let you take a look for yourself at the many concerns credit unions are facing. You'll hear about the firing of two NCUA board members, lack of transparency, abusive overdrafts, purchases of banks by credit unions, off-mission marketing/naming rights, weak leadership by CU trade associations, mergers, insider dealings, taxation, and the waning of political support as credit unions decline in public opinion .
✅ Here's where you can watch (might skip over the first 20 minutes or so of introduction to save time): [link]. Good luck, ain't pretty.
😎 Probably much more than you want to know, but don't believe the "Nothing Really", everything's alright type commentary being put forth by our leadership in North Carolina - taint so!
As you will see...
"What changed at SECU"? Purpose.
