Credit Unions

Overview

Credit Unions

The resources below were developed with the American Bankers Association to help bankers make the case for ending credit unions’ outdated tax exemption. You can take grassroots action, view key messages, and learn more about why it’s time to ask credit unions to pay their fair share.

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Compelling Facts and Figures

  • Credit Unions are now a $1 trillion industry, competition for the same business and offering the same products as community banks.
  • There are now 208 credit unions with more than $1 billion in assets – a large increase from 1991, when only 11 credit unions were this large. 
  • A 2006 U.S.