
Help Us Oppose New Taxes
Help Us Oppose New Taxes
Federal lawmakers are moving fast on tax reform which could mean adding a new tax on credit unions and the members we serve, including you.
Please help us. It takes less than a minute for your voice to be heard!
Click here now to send a message to your legislators to tell them to oppose any effort to add new taxes on credit unions.
It’s quick and simple! Just click here, add your info, and hit send!
Details
Credit unions got their start in the United States when banks refused to serve working Americans. Credit unions provided a needed alternative so families, farmers, small business owners, and others left behind by banks had financial options. For more than 100 years, people have come together to be a part of credit union, non-for-profit financial cooperatives, and support each other through tough financial times.
Even as the credit union movement has grown, it remains a small, but vital part of the financial landscape: Credit unions serve 43% of all Americans, but hold only 8.8% of assets in financial institutions, a clear indication that we are here to help all people improve their finances. The remaining 91.2% of Americans’ assets are held by banks. But that has not stopped banks’ greed and desire to eliminate any competition. That is why they want congress to change the credit union federal income tax status. Help us protect our financial cooperatives.
Thank you for your membership,
Chris Barnick
CEO/President