The Impact of Credit Unions on the United States

Q. Who pays?
A. You pay! Credit unions don’t.

Credit unions’ free ride on federal income taxes doesn’t make sense anymore, and their once-justified special treatment comes at a cost to the American people.

Credit unions deprive the U.S. Treasury of .6 billion a year, while taxpayers in every state pick up the slack.
is the largest credit union in United States withASSETSLarger than of United States-headquartered banks
should have paidIN TAXESInstead, they paid $0
Taxes Paid in 2022
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United States BanksLine21315
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United States Credit Unions$0Line11321
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