Don't Tax My Credit Union

We need your help protecting our tax status.

In Washington, as part of this year’s budget planning, opposition to the credit union industry’s tax-exempt status is actively being discussed.

What does this mean for you?

As a member-owned, not-for-profit organization, giving back to our members and the communities we serve is our top priority—not generating returns for shareholders.

Our tax-exempt status helps us offer the great rates and high-quality services our members have come to expect while also providing broad community support. A tax on credit unions is essentially a tax directly on our members.

If the status is removed, what happens next?

It is important to understand that even if our tax-exempt status is removed, we will continue to be extremely financially strong, and we will always provide the best possible value and services for our member-owners. “The numbers show that even without the tax exemption — which I strongly believe should be preserved — credit unions retain a significant strategic advantage over banks because of our cooperative/mutual ownership structure and our commitment to put member-owners first,” says Michael Goad, President and CEO of Dow Credit Union.

What can you do to help?

Your voice matters! Contact your U.S. Representatives and Senators today and tell them “Don’t Tax My Credit Union.”

👉 https://www.congress.gov/contact-us

#DontTaxMyCU #ProtectOurCU #StrongerTogether