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The Independent Community Bankers of America and the nation's community banks are calling on policymakers and the public to “Wake Up” to the risky practices, costly tax subsidies, and irresponsibly lax oversight of the nation’s credit unions.
Learn how the tax-exempt status of credit unions affects your state with our state-by-reports and gain key messaging guidance through the Wake Up Messaging Playbook.
A new op-ed from Colorado community banking representatives raises concerns over acquisitions of tax-paying community banks by tax-exempt credit unions.
Following Navy Federal Credit Union’s announcement that its overseas military banking program will be called “Community Bank,” ICBA urged regulators to issue cease-and-desist orders directing the institution not to refer to itself as a bank.
Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on tax-exempt Navy Federal Credit Union labeling its program to serve overseas military installations "Community Bank, Operated by Navy Federal Credit Union."
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Find out how community bankers can more effectively advocate for a level tax and regulatory playing field between tax-exempt credit unions and the community banking industry. Access your playbook today. You must be a member to access this content.