That's not correct. What happens is that the retained earnings of the credit union are left for the credit union to use. Certainly the board directs those activities, but it does put a bit of governor on how quickly, given that there's only one source for equity in a credit union model, which is retained earnings, and it really comes from the earnings of the credit union year over year.
That's really the challenge we have, whereas if you go back to the global financial crisis, when the banks needed more capital, they were immediately able to access capital markets and meet that need. For credit unions our capital grows. In our case, at my credit union, that's over 75 years. We now manage about $300 million of equity on behalf of our members, but it's the only source we have.
Again, on what we're asking for, for those credit unions that are well managed, well run, and able to actually grow capital, that that be reflected in tax policy.