Credit union federal income tax exemption will cost the US over $24 billion by 2031.
American taxpayers are stuck with the bill.

See the impact in your state.

Learn more about the issue.

Large credit unions have lost their way. It’s time to level the playing field and hold them accountable.

Large credit unions have lost their way. It’s time to level the playing field and hold them accountable.

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Cost to Taxpayers

Credit unions pay no federal income taxes, leaving the rest of us to pick up the bill for their $2 trillion industry.

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Abandoned Mission

Credit unions were formed during the Great Depression to help the underserved access credit. That mission is long gone.

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Unwarranted Advantage

Credit unions exploit their privileged tax status to buy tax-paying banks and expand their market share beyond what's fair.

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Lack of Accountability

Credit unions claim they serve the underserved and protect consumers, but how do we know what they're actually doing?

Recent News & Insights

Key Statistics

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Average taxes paid by Americans in 2019. Paid by credit unions? $0.

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Total assets in federally insured credit unions.

$ 0 B

In bank assets bought up by credit unions over the last 10 years.

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Average bank size acquired by credit unions in 2022 to date.

Tell Congress it’s time to reform credit unions.