There’s a threat looming in Washington that would put credit unions at risk. Congress is tackling tax reform, and some are suggesting a new tax on credit unions. That would be a new tax on hard working Americans who depend on credit unions for their financial services. Tell Congress “Don’t Tax My Credit Union” because a tax on credit unions is a tax on you. Learn more and take action.
An Important Message from our President
Dear Greenville Federal Credit Union members,
As your credit union president, I want to alert you to an issue the entire credit union industry is facing... the issue of federal taxation. It is a battle we've been fighting for years, but in our current legislative environment, the threat is greater than ever.
Our advocacy partners, America's Credit Unions and the Carolinas Credit Union League (CCUL), are leading the industry charge to help spread the word and engage members in measures to protect our federal taxation exemption. To assist in those efforts, they established an important initiative called, "Don't Tax My Credit Union."
Please take a few moments to read over this information and learn more about the potential impacts of this issue and the steps you can take to help us protect against federal taxation for credit unions.
No matter what happens, know that Greenville Federal Credit Union will be here for you. Our "member first" focus will not change as we promise to put you, our member owners, first in everything we do.
Together, we can make a difference!
Paul Hughes
President and CEO, Greenville Federal Credit Union