Federal credit unions, including those serving millions of military patrons, are fighting to keep nearly $5 billion in charges off their books that regulators assessed to bail out their largest "corporate" credit union. Some smaller credit unions have warned that their part of the "bailout tax," as some call it, would leave them undercapitalized, threatening their viability. For more information, read the article on the Military.com website.
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Credit Unions Fight 'Bailout Tax'
Week of February 23, 2009
Current Issue
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