We need your help! Congress is considering possible legislation to reform the U.S. tax code. It appears lawmakers are considering a "blank piece of paper" approach where all exemptions would be removed from the tax code and Congress would start from scratch to write a new tax code. If Congress goes down that road, all tax exemptions, including the credit union tax status, could be gone.
How does this impact you?
Any tax on credit unions is really a tax on its members, since credit unions are cooperatively owned by the people they serve. If credit unions were taxed, their benefits to members and communities could be lost, and a consumer-friendly option in the financial marketplace will vanish.
How you can help
"Don't Tax My Credit Union" is a national campaign to mobilize the strength of 96 million credit union members nationwide through grassroots efforts that provide a way for our voices to be heard.
It's easy to take action: just visit www.DontTaxMyCreditUnion.org to contact your U.S. Representative and Senators. While there, you can get recent news about the issue, follow efforts on social media, and learn more about how you can help us tell Congress, "Don't Tax My Credit Union!"
If you are interested in preserving your right to belong to the credit union of your choice and receiving information about current issues affecting credit unions and their members, considering becoming an SCCU Legislative Ambassador.