Freshman Congressman Dan Kildee has issued a strong statement in support of the federal credit union tax exemption.
“Credit unions offer unique benefits and services to their members,” said Kildee D-Flint, “from the everyday worker who opens a savings account with a favorable interest rate, a family with a low-interest home mortgage loan to buy their first home, or an entrepreneur with access to a small business loan, credit unions have historically been structured in a way that is directly benefits their members in my district and across the nation.”
Kildee said that he’s heard from many constituents offering their support for credit.
“Recently, I have heard from many constituents who, like me and my family, are members of credit unions and strongly support the services they provide to our local community and economy,” Kildee said. “As a member of the House Financial Services Committee, I am a strong supporter of credit unions’ longstanding tax-exempt status.”
MCUL & Affiliates CEO David Adams thanked Kildee for his strong statement of support for credit unions.
“Rep. Kildee understands the critical role credit unions play in Michigan’s economy,” Adams said. “His statement gives a strong and credible endorsement for the credit union tax exemption being good public policy. We 're hopeful that other members of the Michigan delegation will also affirm their support in a similar way."
Learn more about how your credit union can take part in the campaign at donttaxmycreditunion.org.