Why Your Support Matters to MCCU
The "Don't Tax My Credit Union" Campaign Could Impact the Future of Member-Owned Financial Services
At Mid Carolina Credit Union, our mission has always been clear. We are here to serve our members, not generate profit for shareholders. As a not-for-profit financial cooperative, we reinvest our earnings into benefits for our members, including better loan rates, fewer fees, and community support programs.
This framework is effective because of the federal tax exemption that recognizes the distinctive role of credit unions. However, this exemption is under review, and proposed changes could threaten its existence.
The "Don't Tax My Credit Union" campaign was created to let Congress hear directly from the people who rely on credit unions daily. Credit unions nationwide, including those in South Carolina, are collaborating to protect this crucial part of our model.
Why This Matters to You
Removing the tax exemption would likely lead to increased costs and reduced services. It could limit our ability to grow, innovate, or give back to our local communities. This change wouldn't just impact MCCU. It would affect all member-owned credit unions and the people they serve.
How You Can Help
You can make your voice heard today. The Carolinas Credit Union League has created a quick and secure way to contact your lawmakers.
This message doesn't need to be long. A simple note that you support the continued tax exemption for credit unions is all it takes.
Thank You for Your Support
As your credit union, we will always advocate for what is right for our members. Your voice adds to that strength. Together, we can ensure credit unions remain focused on what matters most: you.
Contact us if you have questions about this campaign.
Mid Carolina Credit Union
Local. Trusted. Member-Owned.