The Impact of Credit Unions on Mississippi
Mississippi 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.
Keesler Federal CreditUnion
is the largest credit union in Mississippi with$4.0BASSETSLarger than 88% of Mississippi-headquartered banks
Keesler Federal CreditUnion
should have paid$6.7MIN TAXESInstead, they paid $0
Taxes Paid in 2022
