Credit Unions: Have They Lost Their Way?

This dashboard illustrates how the unchecked growth and tax-exempt status of credit unions have negatively affected local communities across every state.

See the report for all of the United States

Find your state


Did you know credit unions in your state used their tax exemption to avoid paying


in federal income taxes in 2018?


In 2020, credit unions across your state held a grand total of


in tax-free assets.

Money Bags

Even as local businesses struggled, credit unions in your state used


of their tax subsidy on non-member expenses.


In your state credit unions paid $0 in federal income tax.

Nurses paid:  
Cashiers paid:  
Teachers paid:  

Take Action Now

Congress granted credit unions a tax exemption nearly a century ago intended to help people of modest means, but today many are exploiting it at taxpayers’ expense. It’s time for another look.