News

NH Bankers Attempt to Use “Tax Day” to Push Anti-CU Agenda

The New Hampshire Bankers Association sent out a press release yesterday that announced the fact that they have passed a resolution urging Congress to tax credit unions.  The release and the accompanying resolution restate the arguments that they used when they commenced their anti-credit union campaign last month.

League President Paul Gentile responded to the latest attack which featured numerous references to credit unions not serving the underserved by saying, “Clearly the bankers are not going to let the truth get in the way of their desire to undermine the credit unions of New Hampshire.”  He went on to say, “The states bankers are in position to evaluate or judge credit unions.  The credit unions of New Hampshire were reaching out to the underserved 100 years ago when banks wouldn’t allow them in the door, and credit unions continue to lead the way when it comes to providing service to working families.”