Don’t Tax My Credit Union! Call to Action!
We are calling for your help in preserving the Tax-Exempt Status of our credit union. Protecting credit unions’ federal tax status as not-for-profit financial cooperatives will take the entire industry working together. We are asking that you act now to tell your legislators why protecting the credit union tax status is critical.
Here is a bit of history related to this:
Key elements of the 2017 Tax Cuts and Jobs Act are set to expire at the end of 2025, so Congress is considering modifications to tax policy. Credit union tax status or the income that the government could make off taxing credit unions is on the table.
Credit unions have previously fought this fight — and won. Now it’s time to do it again. We must make it clear that the credit union tax status is vital for Americans’ financial wellbeing. If credit unions can’t invest in their more than 140 million members nationwide because of taxation, communities will feel the financial strain.
We play an essential role, here at our credit union, in mobilizing advocacy efforts to support the credit union tax status. The choice to participate is yours but we encourage you to get involved.
Take action today through Connect for the Cause (https://www.ccul.org/cftc/) and tell your legislators loud and clear: Don’t Tax My Credit Union!
The easiest way to do this is to click the Connect for the Cause link above or enter the address listed above in your browser