Credit unions have a unique tax status that exempts them from federal income tax. This status is rooted in their structure as member-owned, not-for-profit cooperative financial institutions. Preserving the tax status of credit unions is essential to maintaining their ability to serve members effectively, support local economies, and provide financial services to those who need them most. Here are a few actions you can take to help articulate the “credit union difference” to your members, communities, and lawmakers.

The Credit Union Difference in Montana

• Download a one-pager with Montana-specific information

Blogs about the Differences Between Credit Unions and Banks?

• The Credit Union Difference
• Credit union or bank? Which should you choose?
• What it means to be not-for-profit in the banking world
• Why do credit unions have better rates?

The Credit Union Difference in Montana by Gerry Singleton

Resources from our National Partners

• Don’t Tax My Credit Union website
• Don’t Tax My Credit Union: Action Steps for Credit Unions (requires an America’s Credit Unions login)
  • Includes several handouts and a link to the full resources library
• The Member Activation Program (MAP) Resource Center  (requires a MAP login)
  • Includes a credit union difference press kit, Don’t Tax My Credit Union logos, and Don’t Tax My Credit Union sample social posts and copy
  • Note: Your credit union’s participation in MAP is integral to our advocacy efforts and articulating the credit union difference to local, state, and national lawmakers. We strongly urge you to participate.
• Reach out to your lawmaker (requires an America’s Credit Unions login)

Industry News Related to Don’t Tax My Credit Union

• March 17: Don’t Tax My Credit Union campaign continues in districts, D.C.
• March 18: New Don’t Tax My Credit Union resources available as outreach continues
• March 20: The first podcast from CUInsight focuses on Don’t Tax My Credit Union
• March 26: TruStage releases two-minute video on Don’t Tax My Credit Union efforts at GAC