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Credit Union Ruse

Credit unions are costing taxpayers billions of dollars. Though these institutions look and act like community banks, they do not pay taxes or abide by the same rules as banks, costing taxpayers and the government of billions of dollars.

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Massachusetts Bankers Association, Inc.

73 Tre●●●●●●Street

Bo●●on , MA, 02108-3906

US

1.61●●●●7595
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an●●@massbankers.org

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Massachusetts Bankers Association, Inc.

Massachusetts Bankers Association, Inc.

73 Tre●●●●●●Street

Bo●●on , MA, 02108-3906

US

1.61●●●●7595
1.61●●●●6373
an●●@massbankers.org

View this contact

Massachusetts Bankers Association, Inc.

Massachusetts Bankers Association, Inc.

73 Tre●●●●●●Street

Bo●●on , MA, 02108-3906

US

1.61●●●●7595
1.61●●●●6373
an●●@massbankers.org

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Credit Union Ruse | creditunionruse.com Reviews
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Credit unions are costing taxpayers billions of dollars. Though these institutions look and act like community banks, they do not pay taxes or abide by the same rules as banks, costing taxpayers and the government of billions of dollars.
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2 credit union ruse
3 banking
4 taxes
5 ruse
6 Massachusetts Bankers Association
7 unfair tax
8 credit unions taxes
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Credit Union Ruse | creditunionruse.com Reviews

https://creditunionruse.com

Credit unions are costing taxpayers billions of dollars. Though these institutions look and act like community banks, they do not pay taxes or abide by the same rules as banks, costing taxpayers and the government of billions of dollars.

INTERNAL PAGES

creditunionruse.com creditunionruse.com
1

Profile

http://www.creditunionruse.com/Rockland_Profile.htm

Funny, isn't it? Rockland Federal Credit Union. Rockland Federal Credit Union has almost $1.1 billion in assets, yet pays no state or federal taxes. Its net income or profit from January 1, 2006 - June 30, 2011 was $40 million. Thus it avoided paying $14 million in income taxes for the last five and one half years. It now holds accumulated profits, otherwise known as retained earnings, totaling $108 million. Bull; Anyone who is an immediate family member of an eligible or current member. As of 6/11, tota...

2

Greylock Profile

http://www.creditunionruse.com/Greylock_Profile.htm

Funny, isn't it? Greylock Federal Credit Union. Greylock Federal Credit Union has over $1.2 billion in assets, yet pays no state or federal taxes. Its net income or profit from January 1, 2006 - June 30, 2011 was $19.0 million. Thus it avoided paying over $6.6 million in income taxes for the last five and one half years. It now holds accumulated profits, otherwise known as retained earnings, totaling $92 million. Membership in Greylock Federal Credit Union is open to the following:. 2) Anyone related to ...

3

Credit Union Ruse

http://www.creditunionruse.com/index.htm

Funny, isn't it? The Credit Union Ruse. Credit unions are costing our taxpayers billions of dollars. Many people and public policy makers might say, “Who cares if credit unions don’t pay taxes? Well, every individual taxpayer, every city, every town and every municipality should care. All across America, individuals and local governments are being cheated out of tax revenue that should be coming from large credit unions. And here’s how it works:. How the ruse works:. Though these institutions look and ac...

4

Profile

http://www.creditunionruse.com/Audio.htm

Funny, Isn't It? Digital Federal Credit Union. Digital Federal Credit Union is the poster child for what's wrong with large credit unions in America. In addition to not paying state and federal taxes, it no longer adheres to a common bond provision to serve only a homogenous group of members - as required by regulators. Click here to listen to an excerpt of Digital's sponsorship message from National Public Radio stating that anyone can be a member. Click to hear an excerpt.

5

Credit Unions and Taxes

http://www.creditunionruse.com/digital_profile.htm

Funny, isn't it? The egregious $5.2 million Digital Credit Union naming-rights deal on the former Worcester Centrum sports and entertainment complex in Worcester, Mass., cost individual taxpayers $2 million when you consider that 40 percent of the cost was savings accumulated from not paying taxes. Digital may be the “poster child” example of the large credit union that policy makers should consider taxing. DCU has been chosen as the credit union for more than 800 companies and organizati...Digital Feder...

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Credit Union Ruse

Funny, isn't it? The Credit Union Ruse. Credit unions are costing our taxpayers billions of dollars. Many people and public policy makers might say, “Who cares if credit unions don’t pay taxes? Well, every individual taxpayer, every city, every town and every municipality should care. All across America, individuals and local governments are being cheated out of tax revenue that should be coming from large credit unions. And here’s how it works:. How the ruse works:. Though these institutions look and ac...

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