Credit unions over $1B account for 79% of total credit union net income and would have paid $2.6B in taxes last year if they were taxed like community banks. Taxpayers shouldn’t be subsidizing acquisitions of the local institutions that do pay taxes. https://t.co/IkMSQs6FyC
As credit unions increasingly exploit their federal tax exemption to acquire tax-paying community banks, the need for policymakers to close this loophole is urgent. Action is needed NOW to preserve community banks and the communities that depend on them, ensuring the continued vitality of the relationship-based banking sector that has supported Main Street America for generations.
https://t.co/xo3srGXcJb
With news of yet another bank acquisition by a tax-subsidized credit union, community bankers in Washington for #ICBASummit stand together in calling on Congress to address this troubling trend. Congress must investigate the nation’s outdated credit union policies and whether the government should continue subsidizing acquisitions of taxpaying community banks. https://t.co/61ZzhGUWgm
Five Years Later, Henning Hornets Remember Jacob.
Team Dedicated Championship Season To Late Teammate, And Their Commitment Continues.
Check out John's Journal from the state tournament.
https://t.co/wuffVqxHSA
Per Mickelson's gambling, this is a favorite story, from "Phil":
"When I was in the tower,” says former CBS announcer Gary McCord, “every time Phil got to my hole, Bones would look up at me and I would flash the odds. If Phil had a fifteen-footer, I’d flash three fingers, which meant the odds were three-to-one. If he was sixty feet, I’d give him two-to-one on a two-putt. Bones would go down and whisper in his ear and Phil would look up at me and shake his head yes or no. I can’t tell you how many wadded-up twenties I threw out of the tower, until the Tour found about it and I got word through CBS I was
no longer allowed to gamble with Phil while up in the tower.”
Regulatory ‘blind spot’ shows risks of tax-subsidized credit union bank purchases by @ICBA
Taxpayers cannot stand by while growth obsessed credit unions continue to acquire #CommunityBanks and now a real #CyberThreat exist for them.
#Wakeup
https://t.co/LixgQzsH96
#RelationshipCommunityBankers do not abuse their customers & communities.
Common sense #TieredRegulation that respects our business model should be a priority for @POTUS
We are not Wells, Chase, Regional or #TBTF don't paint the regulatory canvas with a broad brush!
@ICBA
“Your personal goals will never be achieved without team goals” ✅
It’s a lot of selfish basketball being promoted to the youth. Kids care more about scoring 30 and getting a quick highlight reel sometimes at the cost of their team winning the actual game.