Foothill Credit Union Home Link. Exceptional Banking. Exceptional Service.
Apply for Loan Join Credit Union
Foothill Credit Union Homepage Link
Apply for Loan Join Credit Union

Don't Tax My Credit Union

Protect the tax-exempt status of Credit Unions. A tax on your Credit Union is a tax on YOU!

Protect Our Credit Unions!

The “Don’t Tax My Credit Union” movement is a critical fight to safeguard the tax-exempt status of credit unions across the nation. This status is essential for us to provide the financial support that our members depend on every single day. If credit unions are taxed, it will have devastating consequences for you and your fellow members.

Foothill prides ourselves on being a not-for-profit financial institution that puts members first. As a credit union, we’re fundamentally different from banks. While banks prioritize shareholder profit, credit unions like Foothill prioritize YOU, our members. That’s why more than 140 million Americans choose credit unions as their trusted financial partner.

Why This Matters to You Right Now

  • Soaring Costs for Members: A tax on credit unions means higher fees and loan rates. This isn’t just a statistic; it translates to real money out of your pocket for the financial services you rely on!
  • Diminished Member Benefits: Without our tax-exempt status, we’ll lose vital resources needed to fund member programs, financial education, and community initiatives. Your access to benefits will shrink!
  • Limited Financial Access: Credit unions are lifelines for individuals and families who may not have other affordable financial options. If we lose our tax exemption, many will be left without the support they need.

How You Can Make a Difference

This is not just a policy issue; it’s a personal issue that affects every credit union member. Your voice is crucial! Here’s how you can take action:

  • Contact Your Legislators: It’s vital to reach out to your elected officials! Tell them you stand with credit unions and share how Foothill Credit Union has helped you achieve your financial goals. The California Credit Union League's Connect for the Cause has crafted a message that you can easily submit to your representatives.  
Let Your Voice Be Heard

 

  • Spread the Word: Don’t keep this to yourself! Share information about the “Don’t Tax My Credit Union” movement on social media or with your friends and family who are also credit union members.