Don’t Tax My Credit Union

Politicians in Washington are considering an overhaul of the federal tax code, which could include a new federal tax on credit unions. This could have significant negative impact on Redwood Credit Union and our Members.

Unlike banks that maximize profits for a small group of investors, credit unions exist to serve our Members – who are our owners. Because we are not-for-profit—and therefore, tax-exempt—we are able to return benefits to our Members through higher returns on savings, lower rates on loans, and lower and fewer fees. Our focus is people, not profit, and our mission is to serve the best interests of our Members, employees and communities.

Taxing credit unions could destroy credit unions as we know them, eliminating financial choice for consumers.

We urge you to send a strong message to Congress: “Don’t Tax My Credit Union.”

It’s easy to take action: contact your U.S. Representative and Senators today by visiting When prompted, enter "Redwood CU" as your credit union, and select "Taxes/Taxation" as the category.

While visiting, you can watch a video, follow our campaign on social media, and learn more about how you can help us tell Congress, “Don’t Tax My Credit Union!” Please act today so we can continue to provide you the exceptional service and value you deserve. Thank you!