ABA launches ad campaign against credit unions The American Bankers Association has launched a print and radio campaign urging lawmakers to overturn a federal income tax exemption for credit unions. According to the industry publication American Banker, the ads call on Congress to repeal the Depression-era law, which was granted to credit unions because of their cooperative status. The launch of the new campaign coincides with a conference in Washington, D.C., convened by the Credit Union National Association. "Our latest effort with the ads and with the letters is to really share with this new Congress that the credit union industry, as represented by the industry, is not… Read More