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ABA Hits Credit Unions in New Radio Ad

Posted on 9/8/2014

With federal credit unions gathering in Washington, D.C., this week to lobby for their agenda on Capitol Hill, ABA is running a radio ad emphasizing the need to end the credit unions' outdated tax subsidy. ABA President and CEO Frank Keating will be heard during drive time on WTOP, the most-listened-to station in the D.C. metropolitan area.

"Government data show that just one percent of [credit union] home loans went to low-income borrowers," Keating says. "For that, credit unions avoided $2 billion in taxes. Ask Congress why taxpayers should give credit unions $2 billion for doing just one percent of their job."

To hear the ad visit:

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