Defending and Debunking Credit Unions’ Tax Status

Glen connects with the Defense Credit Union Council’s Jason Stverak to discuss the dual threats- not-for-profit tax treatment and CDFI designation- facing the industry, and the bizarre misrepresentations surrounding each. Also- Klarna’s IPO parade, and an acclaimed entry in the Credit Union Film Festival.      Links related to this episode:   The Defense Credit Union Council: https://www.dcuc.org/   Jason’s CU Insight article on the tax issue: https://www.cuinsight.com/banks-tax-hypocrisy-will-hurt-main-street-not-credit-unions/   CU Strategic Planning President Stacey Augustine’s article on CDFIs: https://thecudaily.com/cdfis-the-impact-is-obvious/   Don’t Tax My Credit Union website: https://www.donttaxmycreditunion.org/#take-action   This month’s GAC interview with Americas Credit Unions’ Economic Team: https://www.big-fintech.com/a-taxing-week-in-washington/   “The Barber of Little Rock”: https://www.youtube.com/watch?v=1amOPUn49aM   Fintech Business Weekly’s coverage of Klarna’s IPO filing: https://fintechbusinessweekly.substack.com/p/klarna-files-ipo-paperwork-puts-pr    Join us for our next CU Town Hall- Wednesday March 26 at 3pm ET/Noon PT- for a live and lively interactive conversation tackling the major issues facing credit unions today. This session will feature cyber defense evangelist Roger Grimes on quantum computing and his latest book about combating social engineering/phishing. The Town Hall is free to attend, but advance registration is required:  https://www.cutownhall.com/  Join us on Bluesky!   @bigfintech.bsky.social  @154advisors.bsky.social (Glen)  @jbfintech.bsky.social (John) And connect on LinkedIn for insights like the Friday Fintech Five: https://www.linkedin.com/company/best-innovation-group/  https://www.linkedin.com/in/jbfintech/ https://www.linkedin.com/in/glensarvady/