We need your help.
Dear Valued Member,
Service One exists to serve our members and communities, not to generate profits. As a member-owned, not-for-profit financial cooperative, we reinvest earnings back into our members through lower loan rates, higher savings returns, fewer fees, and better services.
Because of this structure, credit unions have long been exempt from federal income taxes—just like other not-for-profit organizations that serve a community purpose. This tax status allows us to:
✅ Keep costs low for our members
✅ Invest in new services and financial education
✅ Support local communities in meaningful ways
Recently, banks have ramped up efforts to challenge our tax status, pushing for changes that could impact our ability to provide these benefits. With the government looking for ways to balance the budget, it’s more important than ever to remind lawmakers why credit unions matter.
How You Can Help:
We encourage you to take a moment to contact your congressional representatives and advocate for credit unions. It’s quick and easy—just follow this link, input name and address, and hit send. Your voice makes a difference!
Thank you for being part of a mission that puts people first.
Sincerely,
Justin Morris
President & Chief Strategy Officer
Service One Credit Union
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