)
Make Your Voice Heard
A Tax on Credit Unions is a Tax
on You – The Member-Owner
Now’s the time to make your voice heard. Protect your credit union’s tax-exempt status. Click the TAKE ACTION NOW button to send a message to your Representative through Connect for the Cause.
The Threat to Credit Unions
Right now, Congress is considering new taxes on credit unions—including Monterra Credit Union. As lawmakers look for ways to fund the extension of the Tax Cuts and Jobs Act (TCJA), they are reviewing every potential revenue source—including the credit union tax exemption. Credit unions are not-for-profit financial cooperatives, meaning they exist to serve their members. As a member-owner, you directly benefit from the tax-exempt status. Unlike big banks that prioritize shareholder returns, credit unions return earnings to members which in turn provides you access to affordable financial services.
We’re committed to making banking easier and more rewarding by offering financial advantages that help you succeed. This includes:
Higher deposit rates which allows your savings to grow faster
Lower loan rates allowing you to pay down debt faster
Lower fees which help save money
Free financial counseling and workshops
Personalized service and expert guidance
Access to financial education materials that support your financial well-being
Make Your Voice Heard
Your voice matters and Congress needs to hear from you. TAKE ACTION NOW and send a quick message to your Representative through Connect for the Cause—it takes less than a minute, but it makes a big impact. Together, we can ensure that credit unions remain focused on people, not profits.