The Impact of Credit Unions on Georgia

Georgia Credit unions’ federal tax exemption no longer serves its purpose as the industry moves even further away from its mission of providing consumer-focused financial services to people of modest means.
Credit unions deprive the U.S. Treasury of .1 billion a year, while taxpayers in every state pick up the tab.

Delta Community Credit Union

is the largest credit union in Georgia with$8.6BASSETSLarger than 98% of Georgia-headquartered banks

Delta Community Credit Union

should have paid $7.70MIN TAXESInstead, they paid $0
Taxes Paid in 2022
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Georgia Banks$458,959,000Line21315
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Georgia Credit Unions$0Line11321
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Average Georgia Resident$12,617Line31317

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