A Tax on Credit Unions Is a Tax on You
As a valued member of Cal State L.A. Federal Credit Union, your financial well-being is our top priority. Our not-for-profit structure allows us to offer lower loan rates, higher savings returns, and minimal fees. However, proposed federal tax reforms threaten this model, potentially imposing new taxes on credit unions like ours.
Credit unions serve over 140 million Americans, focusing on people over profits. Unlike big banks, we reinvest earnings back into our members and communities. Taxing credit unions would reduce these benefits, leading to higher costs for you.
We urge you to take action now. Contact your U.S. Representative and Senators to oppose any efforts to tax credit unions. Your voice can help preserve the financial advantages you currently enjoy.
Thank you for standing with Cal State L.A. Federal Credit Union and supporting the credit union difference.
If you have any questions, please feel free to contact us at 323.505.2600 or send us a message.