Don't Tax My Credit Union

At BMI Federal Credit Union, it's our mission to help our members fulfill their dreams and meet their financial goals. A mission made possible by the credit union federal income tax status.

The credit union federal tax status allows credit unions to offer better rates, lower fees, and better services to their members and communities. This tax status pays off year after year, with a 1,300% return on investment.

Credit unions and members across the country came together to ensure the tax status remained unchanged in the U.S. House tax bill. Now our united focus turns to the U.S. Senate. While senators released their initial bill text on June 16, showing no mention of the credit union tax status, the fight isn't over.

Senators are aiming to vote on the bill before July 4. As a member, your voice matters. Please take two minutes now to contact your Senator and urge them to keep the credit union tax status secure as they finalize this bill.

Simply put, a new tax on credit unions is a tax on you.

Now is the time to let the Senate know that credit unions are essential to the communities they serve and oppose any attempt to remove the credit union tax status. 

Tell the Senate: Don't Tax My Credit Union

Thank you for supporting BMI Federal Credit Union!

William P. Allender 
President/CEO