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Francois Henriquez published in the Credit Union Times: Alternative Capital vs. the Tax Exemption: A False Choice

Francois Henriquez, MiamiIn the March 1, 2017 issue of the Credit Union Times, Francois Henriquez discusses the recent NCUA notice of proposed rulemaking on alternative forms of capital for federally-insured credit unions.

Francois suggests that credit unions have little to fear about the structure of potential alternative capital instruments adversely affecting their federal and state income tax exemption as long as they continue their commitment of “operating for mutual purposes.” He also predicts alternative capital for credit unions should become a reality this time around.

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