711 4th Ave NE Austin MN 55912
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Austin City Employees
Credit Union

WHAT'S NEW

Credit Union Day, Oct. 21, 2021!

Please join us for cookies and a warm cup of apple cider!

9:00 am ~ 4:00 pm on Thursday Oct. 21st

~ Thank you for your patronage ~ 

Tell Congress to Oppose New IRS Reporting Provisions

internal revenue service - Clip Art Library

As Congress considers critical new infrastructure spending, policymakers are eying unconventional sources of revenue to fund their plans. 

 

One proposal under consideration would require credit unions and other financial institutions to report to the Internal Revenue Service (IRS) how much money has gone into and out of accounts holding more than $600. 

This unprecedented access to consumers’ personal financial data raises several alarms. 

  • This proposal would violate consumers’ personal privacy by forcing credit unions and banks to provide the government with information that does not reflect taxable activity.
  • Financial institutions—particularly those in rural and low-income communities—would face unnecessary and expensive regulatory hurdles that could make it untenable to serve those consumers already left behind by Wall Street banks.  
  • The government relies on decades old data systems to store and secure IRS information. These systems have already been compromised in recent years, and the addition of this type of data only increases the likelihood of a future breach.

 

The Bottom Line:

Don’t jeopardize consumers’ personal financial privacy by allowing the IRS to access nontaxable deposit account information from credit unions and banks. 

 

Visit cuna.org/irs to learn more and to contact your Representatives.

Sallie Mae Student Loans now available!

Click the ‘Student Loans’ link to the left under Products & Services for more information!

 

ONLINE BANKING AND E-STATEMENTS!

We Can Help!
Credit struggles... WE CAN HELP!
Budget issues...WE CAN HELP!
Need a different car...WE CAN HELP!
Want to consolidate bills...WE CAN HELP!

We offer competitive rates and flexible terms. Call or stop by the credit union to set up a time to meet with us and let us know how we can help you!

Home Finance

LOOKING TO BUY A HOME OR REFINANCE YOUR HOME? WE CAN HELP

We partner with First Class Mortgage to offer our members complete home mortgage services!

First Class Mortgage

First Class Mortgage is committed to offering our customers a faster, less frustrating and less expensive mortgage experience. Our team uses our 120 years of combined knowledge, professional experience, and vast industry contacts to ensure we offer every customer the best product possible. Our focus is on people, with the understanding that each borrower has a different set of financial circumstances requiring a customized mortgage. Please contact the Credit Union if you have questions or if you would like to apply!

CURRENT FEATURED RATES

New & Used Auto Loans

As low as ...................................... 2.49%

Older Auto Loans

As low as ...................................... 5.00%

Recreational Loans

As low as ...................................... 2.49%

Older Recreational Loans

As low as ...................................... 5.50%

Signature Loans

As low as ...................................... 9.00%

Home Equity Loans

As low as ...................................... 5.00%

Visa Credit Cards

As low as ...................................... 9.90%