NCPI Workmark
Articles in regional publications that pertain to a wide range of North Carolina-related topics.

Credit Unions Continue to Operate with Unfair Advantages

Record #:
30444
Author(s):
Abstract:
Credit Unions compete with banks in communities across North Carolina, and there is no practical limitation on who a credit union can serve. The tax-exempt status puts credit unions at a competitive advantage relative to other taxpaying financial institutions providing identical services. This article discusses how credit unions have evolved and affected economic behavior in North Carolina.
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