Credit Union Advocacy
As not-for-profit financial cooperatives, credit unions put people before profits. Because you’re a member-owner, it is important to know about policy proposals and actions that could affect you. And because we are all stronger together, we may ask you to lend your voice on important issues that could impact your financial life.
The Iowa Credit Union League will inform you about any legislation impacting you and your credit union. You’ll be able to:
Learn when relevant legislation is introduced
Make your voice heard on important issues
Share your credit union story with your legislators
Fight for your and future generations rights to choose a not-for-profit financial partner
Credit Unions are Different From Banks
Credit Unions Pay Taxes
Credit unions are taxed differently because they are structured differently.
Credit unions pay millions in taxes each year, including state monies and credit tax on legal reserves that banks do not pay.