News Item
Don't Tax My Credit Union
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 institution, a clear indication of efforts to help people build their savings and improve their finances. The remaining 91.2% of American's assets are held by banks.
But that hasn't stopped bank's greed and desire to eliminate any competition. That's why they want Congress to eliminate the credit union federal income tax status.
Elimination this would mean all of the things people love about credit unions would be eliminated too. And the expense of consumers like you.
Tell Congress: Don't tax my credit union-It's a tax on me.