Don't Tax My Credit Union

Help Protect Our Credit Union!

Credit Unions exist to serve people, not to make profits. Right now, there’s a growing movement in Congress, backed by big bank lobbyists, to impose new taxes on credit unions like ours. This proposed change threatens the very structure that makes credit unions unique and valuable to you as a member. This is not just a new tax on credit unions, this would be A NEW TAX ON YOU.

Unlike big banks, credit unions are not-for-profit financial cooperatives. We return our earnings to you in the form of lower loan rates, higher savings returns, and fewer fees. We also pay local taxes that support our communities. But we do not pay federal corporate income tax because we don’t operate to benefit shareholders. We exist to serve our members. Your voice matters. Lawmakers need to hear directly from members like you. Take a minute to contact your members of congress. Together we can protect the credit union difference!

What’s at Stake?

If Congress imposes this new tax, it won’t hurt Wall Street, it will hurt you. It will impact our ability to offer the affordable financial services you count on. That means higher loan rates, lower returns on savings, and fewer resources to support your community.

Why Now?

Large banks see credit unions as competition. They want to level the playing field by taxing us, but that would come at your expense. It’s simply unfair to penalize you for choosing a credit union.

Thank You

Thank you for being a valued member of First Heritage Federal Credit Union. Your support makes all the difference, not just for our credit union, but for the 140 million credit union members across the country. When elected officials hear directly from their constituents, they listen. Let’s make sure they hear you loud and clear.