Three local credit unions are joining forces to help them keep their not-for-profit status.
UnitedOne Credit Union, Shoreline Credit Union, and Holy Family Memorial Credit Union are urging community members to join the “Don’t Tax My Credit Union” campaign, which they say will help them “continue offering affordable financial services to families, small businesses, and underserved groups.”
The financial institutions state that, in Wisconsin, over 3.5 million people depend on credit unions for better rates, lower fees, and community-focused programs.
Proposed changes to federal tax laws could impose new taxes on credit unions, increasing costs for members and limiting their ability to serve local needs.
UnitedOne CEO Kim Rooney added, “Taxing credit unions impacts our mission to help hardworking individuals, families, and small businesses thrive financially. We need your support to ensure our mission continues.”
Wisconsin residents can take action by contacting their congressional representatives to oppose these taxes.
You can learn more about the program by visiting DontTaxMyCreditUnion.org.
