As not-for-profit financial institutions, credit unions put people first. Any revenue we generate goes directly back to our members in the form of lower, often more favorable loan rates as well as higher deposit rates. Our not-for-profit status also enables us to offer competitive interest rates on savings products.

The new Congress and administration are moving fast on tax reform, which could mean adding a new tax on credit unions and on the members they serve, including you. We must act now to ensure lawmakers understand that a new tax on credit unions is a tax increase on more than 140 million Americans.

A tax on credit unions is a tax on YOU! Losing the exemption could raise loan rates, cut savings, and eliminate thousands of jobs. Take action to keep your CU strong!