Coverage on ECONorthwest Study Debunking Bank Lobby Claims

June 6, 2013

CUNA News Now

All of the major claims made by critics of credit unions in terms of uneven playing field  are unsubstantiated, says an economic analysis released today. What’s more, there is “no evidence that state and federal tax policies give credit unions unfair competitive advantages over banks.”

“Credit Unions vs. Banks: The Myth of the Uneven Playing Field” is authored by
ECONorthwest’s Randall Pozdena, managing director and senior economist, and Michael Wilkerson, senior economist.  The report was commissioned by the Northwest Credit Union Association…

 

Read the Full Story on CUNA News Now

 

June 7, 2013

Credit Union Journal

A new economic analysis being released today says the data shows “no evidence that state and federal tax policies give credit unions unfair competitive advantages over banks…”

Read the Full Story in the Credit Union Journal

 

June 17, 2013

Credit Union Journal

While the bank lobby has long argued credit unions are de facto operating as commercial banks and should be treated-and taxed-as such, a new study argues there is no evidence to support the claims…

Read the Full Story in the Credit Union Journal

 

June 17, 2013

Wall Street Journal

A first-of-its-kind economic analysis finds no evidence that state and federal tax policies offer credit unions unfair competitive advantages over banks. In fact, the data analysis found credit unions are not unfairly taking market share from banks, credit unions still serve people with modest savings and they do not unfairly benefit from not-for-profit tax status, all contrary to commercial bank lobbyists’ claims…

Read More in the Wall Street Journal

 

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