The Impact of Credit Unions on Alaska
Credit unions’ free ride on federal income taxes doesn’t make sense anymore, and their once-justified special treatment comes at a cost to the American people.
Credit unions deprive the U.S. Treasury of .1 billion a year, while taxpayers in every state pick up the tab.
Global Federal Credit Union
is the largest credit union in Alaska with$11.9BASSETSLarger than 100% of Alaska-headquartered banks
Global Federal Credit Union
should have paid $1.43MIN TAXESInstead, they paid $0
Taxes Paid in 2022
