[19980506]97-267E_多个集团联邦信用合作社:更新.pdf
This report will be updated periodically to reflect developing issues and major legislative1events. For current information about pending legislation please consult the LegislativeInformation System (LIS) at http:/www.Congress.Gov.Congressional Research Service The Library of CongressCRS Report for CongressReceived through the CRS Web97-267 EUpdated May 6, 1998Multiple-Group Federal Credit Unions: An UpdatePauline SmaleAnalyst in EconomicsEconomics DivisionSummaryMultiple-group federal credit unions (FCU) and litigation challenging the structureand membership in these FCUs have been the focus of much media attention andcongressional concern. On February 25, 1998, the U.S. Supreme Court ruled in favorof the banking industry, invalidating the NCUAs policy regarding multiple-group fieldsof membership. The court case is the most recent effort by the banking industry in anongoing battle. Bankers claim that credit unions have outgrown their founding principlesand no longer deserve the competitive advantages of federal tax exemption and lessstringent regulatory procedures. On April 1, 1998 the House passed credit unionlegislation, H.R. 1151. The legislation would grandfather all current F
展开阅读全文
- 特殊限制:
部分文档作品中含有的国旗、国徽等图片,仅作为作品整体效果示例展示,禁止商用。设计者仅对作品中独创性部分享有著作权。
- 关 键 词:
- 19980506 97 267 E_ 集团 联邦 信用合作社 更新

关于本文