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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.
Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on recent acquisitions of tax-paying community banks by tax-exempt credit unions.
Following the latest report of a credit union acquisition of a tax-paying community bank, ICBA continued its call for Congress to investigate the credit union tax exemption.
Plaintiffs this week filed a class-action lawsuit against Navy Federal Credit Union following last week’s CNN report of the credit union’s wide racial disparities in mortgage approval rates.
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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.