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Protect the Credit Union Tax Status!
Your voice matters! As Congress considers tax reform during the 2025 Congressional Session, the banking industry is lobbying to increase taxes on credit unions. If these efforts succeed, it will raise taxes on Iowa’s 1.5 million credit union members.

Credit unions are exempt from federal corporate income tax because of our structure as not-for-profit, financial cooperatives. We need your help to protect this tax status—the savings from which get passed through to members in the form of lower rates on loans, fewer fees and higher rates on savings. By contacting your Member of Congress, you can help ensure they understand how important credit unions are to you and the 1.5 million Iowa credit union member-owners. 

Using the template provided, please send a personalized message to your Representative and Senators telling them to oppose a tax increase on credit union members. Together, we can make a difference and ensure that credit unions remain a strong and affordable financial choice for all Iowans!

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