Modern credit unions have lost their way. We must level the playing field and hold them accountable.
12/09/2025
As credit unions continue to pursue growth and regulators facilitate their expansion, it's important to consider whether their efforts still align with their original mission and if proper oversight is in place for the benefit of our communities.
Credit unions’ free ride on federal income taxes doesn’t make sense anymore, and their once-justified special treatment comes at a cost to the American people.
Although credit unions are nonprofits, they face fewer regulatory and public disclosure requirements than you might expect from a financial institution.
Without congressional oversight, credit unions have acquired billions in bank assets — calling into question their preferential tax and regulatory treatment.
Credit unions’ federal tax exemption costs the U.S. billions per year. Without reporting requirements holding them accountable to their mission, it remains unclear what exactly taxpayers get in return. https://reformcu.social/4eJjYKz
09/07/2025
Do you pay more taxes than your credit union? Learn more about how much this outdated tax exemption is costing taxpayers like you. https://reformcu.social/3TQ0WZn
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