WASHINGTON—Credit unions scored a major legislative victory when Congress passed—and President Trump signed—H.R. 1, preserving the movement’s long-standing federal tax exemption.
To understand how the credit union movement held the line, it's essential to hear from the industry’s most influential trade associations: America’s Credit Unions and the Defense Credit Union Council. Each played a critical role—but with distinct strategies, timelines, and lessons learned.
Together, their stories offer a unique window into what happened behind the scenes in Washington, and how the CU industry mobilized to fend off one of the most serious tax threats in years.
Click the links below to read each trade group’s perspective: