In This Issue
APRIL 14, 2014 
In the Media
stories collected between April 3-14, 2014
This collection of news about credit unions and their activities is assembled from a variety of sources on the Internet and from credit union submissions. Note: links used here are external and the League does not control their expiration dates.
 
To share news from your Indiana credit union: send story links to Kay Neidlinger. You can also read more about credit unions' community service efforts--and contribute information at the  Commitment to Change website.
Indiana Credit Unions in the Media
Source: Credit union submissions and Internet news reports. Some stories may require passwords for access.
News Now - 4/11/14
League President John McKenzie commented in this story about Sen. Dan Coats' bill which is intended to give credit unions and community banks some relief from "crippling financial regulations" enacted in the wake of the 2008 financial crisis. Both the League and CUNA support the bill.
Credit Union Journal - by Ray Birch 4/11/14
League President John McKenzie commented in this story about Sen. Dan Coats' bill which would modify how the CFPB requests information from financial institutions below $10 billion. (Password/subscription required)
Inside Indiana Business - 4/10/14
Supported by the League, Sen. Dan Coats introduced the Community Financial Protection Act which limits CFPB oversight.
WXIN FOX 59 - 4/10/14
FORUM CU's Andy Mattingly appears on Fox 59's "Money Matters."
TribTown.com - 4/3/14
Purdue FCU will have a location in this new building. President/CEO Bob Falk comments in this story.
National and Wide-Reaching Coverage
Source: Credit Union National Association and other national sources. Some stories may require passwords for access.
Credit Union Times - by Marc Rapport 4/9/14
After a 15-year effort, and two cases lost in federal court, the IRS has apparently conceded defeat in its battle with credit unions over the Unrelated Business Income Tax. CUNA announced Wednesday that the IRS issued a memo late last month that frees products that include card interchange fees, ATM per-transaction fees and interest on credit card loans, among other items, from being subject to the UBIT.
Credit Union Journal - by Aaron Passman 4/9/14
The Internal Revenue Service has backed down in its dispute with the credit union community over unrelated business income tax and cleared almost all CU products at stake in related litigation. (Password/subscription required)

Indiana Credit Union League 
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