News & Announcements

DON'T TAX MY CREDIT UNION!

Dear Baylands Members,

At Baylands Family Credit Union, our mission is clear: we exist to serve our members, not to chase profits. For over 75 years, we have been committed to helping you achieve better financial lives, and we won't waver in that commitment. Today, we need YOUR SUPPORT to ensure we can continue providing the exceptional service you have come to expect.

Did You Know?
Credit unions across the country take a "people first" approach as not-for-profit cooperatives, owned and operated by the people they serve. Our focus is on you, not chasing profits for a small group of stockholders. This makes us a smart financial choice, and the best option for safe and affordable financial services for families and small business owners. Due to our not-for-profit financial cooperative structure, we do not pay corporate income tax on profits. That's because we return earnings back to our members - in the form of better returns and better products and services.

Credit Unions Are Facing a Critical Challenge
Because you are a member-owner of Baylands Family Credit Union, we take our responsibility seriously to keep you informed about issues that could affect our ability to provide the best possible service to you.

Congress is currently reviewing a budget that threatens our federal tax-exempt status. The banking lobby is aggressively pushing for this change, and if successful, it will have a major impact on the 140+ million Americans who depend on credit unions.

Your Voice Matters

We need you to tell Congress:A tax on my credit union is a tax on me!

Let your voice be heard! Click HERE to swiftly and effectively tell your House and Senate members that you want them to support credit unions in this crucial fight.

Other Ways You Can Help

1) Learn More. Check out these additional resources-

2) Please share information with other credit union members. Encourage them to lend their support to helping credit unions in this important fight.

Thank you for being an integral part of Baylands Family Credit Union!

We are proud to serve you. Together, let’s join forces with millions of credit union members nationwide and champion the Credit Union Difference. It’s time to make our voices resonate!

Sincerely,

Teresa Millis
President/CEO
Baylands Family Credit Union