National Credit Union Administration: Earlier Actions Are Needed to Better Address Troubled Credit Unions (Paperback) (ISBN-13: 9781492289234)

Credit unions are tax-exempt, cooperative financial institutions run by member-elected, primarily volunteer boards. To build capital, credit unions do not issue stock; they are not-for-profit entities that build capital by retained earnings. Their tax-exempt status and cooperative, not-for- profit structure separate credit unions from other depository institutions. Like banks and thrifts, credit unions are either federally or state chartered.

Author: Government Accountability Office
ISBN-10: 149228923X
ISBN-13: 9781492289234
Publisher: Createspace Independent Publishing Platform
Language: English
Published: 09/04/2013
Pages: 82
Format: Paperback
Weight: 0.47lbs
Size: 11.00h x 8.50w x 0.17d