Page 16 - Flipbook for non-members
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A HOME FOR
EVERYONE?
Who provides funding for homes? Not
credit unions. Banks are almost 40% 40%
more likely to originate home purchase
loans to minority borrowers than credit
unions according to most recent available
data.
BIG MONEY
LITTLE REGULATION
With almost no oversight on the millions in tax exemptions
that credit unions receive, many publically funded
programs are getting shortchanged - like education.
Credit unions play by their own rules – and their credit
union regulators too often act as their advocates. None
of Colorado’s credit unions comply with the Community
Reinvestment Act.
ACTNOW!
Repeal their tax exemption and permit conversions from
credit union to bank without credit union regulators’ exit
approval. View our full report at www.coloradobankers.org.
Colorado Bankers Association
P 303.825.1575
info@coloradobankers.org
