Would Losing Tax-Exempt Status Really Destroy Credit Unions?
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Would Losing Tax-Exempt Status Really Destroy Credit Unions?
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About this listen
With policymakers revisiting the debate over credit unions’ tax exemption, what’s at stake for the industry? And if the exemption were to disappear, would it really be as damaging as some fear?
In this episode of Grow Your Credit Union, host Joshua Barclay and co-host Becky Reed welcome Michael Goad, President and CEO of Dow Credit Union, to discuss why credit unions are buying banks, the impacts of credit unions losing their nonprofit status, and whether or not we should be optimistic for the rest of 2025.
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