Don't Tax My Credit Union
Some politicians in Washington are talking about taxing credit unions as part of an effort to reduce the deficit and overhaul the federal tax code.
Since credit unions are not-for-profit, taxing credit unions could destroy credit unions as we know them, eliminating financial choice for consumers.
You can help prevent your credit union from being taxed by contacting your U.S. Representative and Senators via www.DontTaxMyCreditUnion.org. There you will find a pre-written letter that you can e-mail to Congress, saying loud and clear: “Don’t Tax My Credit Union!”
Remember, credit unions are owned and directed by you, the member. Unlike banks that maximize profits for a small group of investors, credit unions exist to serve their members, including working families, small businesses, and the local community. Because we return benefits to our members, we are able to offer higher returns on savings and lower fees. That’s why your credit union is not-for-profit and tax exempt.
Thanks for your help in preventing Local Union 392 FCU from being taxed.
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