New IRS Proposal Could Affect Your Account

Dear Member,

As Congress considers new infrastructure spending, lawmakers are considering unconventional sources of revenue to fund their plans. One proposal under consideration would require financial institutions like Borger Federal Credit Union to report to the Internal Revenue Service (IRS) many activities on accounts with balances over $600. Such an unprecedented grab of your personal financial data raises several concerns.

TAKE ACTION NOW

What We Need from You

At Borger Federal Credit Union, we value civic engagement and believe it’s our duty to inform you when legislation is being discussed that could directly affect you.

Please consider lending your voice to this important effort—click on this link to learn more and send an e-mail to your U.S. Representative.

Tell Congress to reject this new IRS reporting provision.

Thank you for your time.
Sincerely,

Lisa A. Jones
President, Borger Federal Credit Union