Tennessee Financial Literacy Commission Seeks Support From Credit Unions
Since a 2010 act of the General Assembly founding it, the Tennessee Financial Literacy Commission has been a leader in the state’s financial literacy education space, helping coordinate education programs across the state. And since a 1923 act of the General Assembly establishing state-chartered credit unions in Tennessee, credit unions have been on the front […]
Mid-June Advocacy Update
There’s been a lot going on in D.C. this week. Here’s an overview. Homebuyer’s Privacy Protection Act Receives Markup and HFSC Passage Congressman Rose’s bill to curb the use of trigger leads in lending received a markup in the House Financial Services Committee yesterday. This is an important step toward the bill’s final passage and […]
Congressional Update: Credit Union Priorities and the Road Ahead
Last week, the House passed its version of the “Big Beautiful Bill” or H.R. 1, marking a significant initial win for the credit union industry—particularly regarding the preservation of the credit union tax exemption. Notably, the House version did not include any provisions that would alter or eliminate this vital exemption, representing a key victory […]
Next Steps for Don’t Tax My Credit Union
Earlier this week, the House Ways and Means Committee released its tax bill as its portion of the GOP-led House’s push on reconciliation this year. There is no mention of credit unions or our tax exemption anywhere in the 380-page document, which is a significant victory for our movement. A big thank you to everyone who wrote […]
What Can We Learn About the Impact of Taxation on Credit Unions in Australia?
With the taxation battle at the forefront of credit unions nationwide, it is vital to remind legislators about the importance of the credit union difference and why they are essential to the 140 million Americans who choose credit unions as their trusted financial partner. As the number one public policy issue facing U.S. credit unions […]
Credit Unions Must Join Forces in Tax-Exempt Fight
Credit unions play an integral role in the economic success of the state of Tennessee. We’re uniquely positioned to offer accessible financial services to communities that otherwise wouldn’t have a local option, and we invest heavily in the communities we serve to support their long-term growth. As not-for-profit financial institutions, we’re afforded tax-exempt status to […]
Mid-March State and Federal Advocacy Update
Your League is in the thick of legislative sessions in both Nashville and Washington as the temperatures outside begin to warm up a bit from winter. Here’s a look at what we’re working on in the two capitals. Federal Tax Status On the tax fight, we’re engaged at every step of the process, working with […]
Three Key Advocacy Priorities in 2025
We are just days before thousands of credit union advocates across the country make their way to Washington, D.C., to speak with one voice for the People Helping People agenda. Even if you are not among those heading to Capitol Hill, you can stay connected to the movement’s efforts. We’ll be focusing our advocacy on […]
Tennessee Credit Union League Hosts Annual Legislative and Regulatory Forum
The Tennessee Credit Union League’s Legislative and Regulatory Forum 2025 is in the books after a fantastic meeting of credit union leaders from across Tennessee at Nashville’s famous Hermitage Hotel earlier this week. Credit union advocates heard from a variety of elected officials, including Congressman John Rose, Secretary of State Tre Hargett, Treasurer David Lillard, […]
Ensure All Members Are on the Guest List
As credit unions, the first quarter signals a time of celebration. Many of you are preparing for annual meetings, board meetings and member appreciation events. Most of which will probably include your credit union serving a meal. Someone, or rather a group, is responsible for maintaining the guest list. If a meal is being served, […]