Friday, June 6, 2014
Pennsylvania State Employees Credit Union
Pennsylvania State Employees Credit Union recently built this 238,000 square foot corporate office building at a reported cost of $71 million. The credit union at the end of 2013 had $4.1 billion in assets and reported a profit of almost $17.5 million. However, the credit union paid ZERO corporate income taxes.
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The building is ugly. It looks like an auto factory.
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