Protecting What Matters Most
Credit unions operate under a not-for-profit, member-owned structure that puts people before profit. This model allows institutions like Health Advantage Credit Union to offer lower loan rates, fewer fees, and more personalized service than traditional banks. But recent tax reform proposals in Congress have threatened to change that — by eliminating the credit union tax exemption that supports affordable member services.
Your Voice Was Heard, But Our Work Isn't Done
Thanks to the advocacy of members like you, the House Ways and Means Committee did not include changes to the credit union tax status in its draft tax legislation.
This is a significant win for the more than 142 million Americans who rely on credit unions every day.
With your support, we:
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Protected the not-for-profit, member-owned credit union model
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Preserved access to affordable financial services and community investment
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Demonstrated that credit union members are informed, engaged, and united
What Happens Next?
The bill now advances to the full House for a vote, and then on to the Senate. While this first hurdle is behind us, the journey isn’t over. We must remain vigilant and continue to speak out in support of credit unions.
Here's how you can help:
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Thank your lawmakers for protecting the credit union tax exemption (click the 'Take Action Now' button below)
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Urge Congress to maintain this protection as the bill moves forward
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Take Action Now to keep credit unions strong and member-focused
Why It Matters
Credit unions aren’t like big banks. We’re built to serve our members, not shareholders. Removing the tax exemption would limit our ability to offer the affordable products and personalized service you count on. When credit unions are supported, entire communities benefit.
Thank you for making your voice heard, and for continuing to stand with us.
Protecting Our Future Together
At Health Advantage Credit Union, we’re dedicated to your financial well-being, and that includes standing up for policies that allow us to serve you better. Thank you for taking the time to learn about this critical issue and for joining us in protecting the credit union difference.
Together, we can ensure that credit unions like ours remain a strong, vibrant alternative to traditional banks—now and for generations to come.
