Don't Tax My Credit Union

At BMI Federal Credit Union, it's our mission to help our members fulfill their dreams and meet their financial goals. A mission made possible by the credit union federal income tax status.

The credit union federal tax status allows credit unions to offer better rates, lower fees, and better services to their members and communities. This tax status pays off year after year, with a 1,300% return on investment.

With tax reform underway, banks are urging Congress to eliminate the credit union tax status, trying to eliminate competition. This would eliminate the services that BMI Federal Credit Union provides, hurting our members and our community.

Simply put, a new tax on credit unions is a tax on you.

Now is the time to let Congress know that credit unions are essential to the communities they serve and oppose any attempt to remove the credit union tax status. 

Tell Congress: Don't Tax My Credit Union

Thank you for supporting BMI Federal Credit Union!

William P. Allender 
President/CEO