Missing from this discussion: - No CRA requirements to hold the entity accountable for meeting the credit needs of the community - Credit unions blatantly advancing beyond "common bonds" or membership and their specified mission of meeting the credit and savings needs of persons of modest means - Only 21% of the general are aware that credit unions have a tax exemption, while 78% say it is important their FI be fully regulated - Customers are at greater risk of cybersecurity issues
Missing from this discussion:
- No CRA requirements to hold the entity accountable for meeting the credit needs of the community
- Credit unions blatantly advancing beyond "common bonds" or membership and their specified mission of meeting the credit and savings needs of persons of modest means
- Only 21% of the general are aware that credit unions have a tax exemption, while 78% say it is important their FI be fully regulated
- Customers are at greater risk of cybersecurity issues