Iowa CREDIT UNIONS' FREE RIDE
Although they portray themselves as mom and pop shops for people of modest means, today credit unions are a $1.3 trillion industry, with many indistinguishable from banks. The BIG difference – they don’t pay federal income taxes, depriving the U.S. Treasury of roughly $2 billion every year.
- GreenState Credit Union (North Liberty, IA) bought the naming rights to the fieldhouse attached to Xtream Arena (Coralville, IA). - The Gazette, October 2019
- The University of Iowa has its own credit union – the University of Iowa Community Credit Union – which the Iowa Board of Regents has raised as a potential threat to the university for any scandals it might get involved in. – Des Moines Register, March 2018
- Veridian Credit Union uses Americans with disabilities as a common bond -but provides no further distinctions, enabling many to use this reasoning to join. – Credit Union Watch, September 2014