Credit Union Advocacy
Credit Union Advocacy
Our Members are our best advocates.
Carrying on the tradition of People Helping People
At Excite Credit Union, we believe in the power of community. Credit unions are built on the idea of people helping people, and advocacy ensures that this mission stays strong. By standing together, we protect the things that make credit unions special: lower loan rates, fewer fees, and a focus on serving YOU, our Members.
Why Advocacy Matters
Advocacy is essential to protect the credit union model from harmful laws and regulations, like unfair taxation, that could increase your costs or limit your access to services. By getting involved, you’re not only defending your financial wellbeing, but supporting a movement that benefits millions of people.
Current Issues Impacting Credit Unions
Here are two key issues that are currently affecting the future of credit unions and your access to financial services:
Community Development Financial Institution (CDFI) Fund Status
Credit Union Taxation – Don’t Tax my Credit Union
Credit unions enjoy a tax-exempt status because we are non-profit organizations that exist to serve our members, not shareholders. However, there are ongoing efforts in Congress to change this status. If we lose this tax exemption, credit unions may be forced to raise fees or reduce services.
Federal and State Advocacy Resources
How YOU Can Become an Advocate
- Stay Informed - Learn about the latest issues affecting credit unions and your finances.
- Contact Your Elected Officials - Let lawmakers know you support credit unions and their members.
- Join Advocacy Campaigns - Participate in campaigns to make your voice heard.
- Share the Message - Encourage friends and family to get involved too!
How You Can Take Action
- Register to vote at https://vote.gov
- Find your senator at https://www.senate.gov
- Find your representative at https://www.house.gov
Ready to Make a Difference?
Your voice matters! Whether it’s protecting funding or keeping credit unions tax-free, getting involved helps us strengthen the credit union movement. Visit the links above, stay informed, and reach out to your lawmakers. Together, we can ensure credit unions remain strong for the future!