- CUNA
- Priorities We're Fighting For
- Tax Issues and Bank Attacks
Tax Issues and Bank Attacks
Where We Stand
Credit unions are democratically owned and controlled not-for-profit cooperative financial institutions that take pride in their “People Helping People” philosophy. Credit unions are exempt from federal income tax because of their structure as not-for-profit financial cooperatives and their mission to promote thrift and provide access to credit for provident purposes.