Credit unions are not 'non-taxed banks,' says MCUA chief.(Letters to the Mississippi...

Editor:

In response to the recent article on banks and credit unions ("Banks, credit unions often competing for same customers," June 7-13, 2004), I would be remiss not to clarify a few points, on behalf of the consumers of Mississippi.

A bank/credit union comparison and study by Consumer Action, a not-for-profit consumer rights organization, found "no basis for the claim that the tax treatment of credit unions should be changed because it constitutes an unfair advantage vis-a-vis banks, in the context of policy debate over the definition of common bond, exp