Credit Unions

When credit unions were originally established by Congress, they were granted a federal tax exemption because they existed to serve those of modest means who share a common bond. Today, many credit unions are virtually indistinguishable from taxpaying community banks.

ICBA is urging Congress to level the tax and regulatory playing field between community banks and credit unions. Meanwhile, it strongly opposes the National Credit Union Administration’s expansionist agenda to circumvent Congress and award new powers to these tax-exempt institutions.

LEARN MORE ABOUT ICBA'S LAWSUIT AGAINST THE NATIONAL CREDIT UNION ADMINISTRATION

TAKE ACTION!

Join ICBA in calling on Congress to ensure credit unions do not become tax-exempt banks.


Articles & Press Releases

Title Publication Date
ICBA Opposes NCUA Rule Issued Amid Court Challenge Press Release 06/21/18
ICBA Continues Hill Campaign Exposing Credit Union Tax Exemption NewsWatch Today Article 06/20/18
ICBA Seeks Senate Amendment Creating Military-Banking Parity NewsWatch Today Article 06/06/18
NCUA Appeals Ruling Vacating Parts of Field-of-Membership Rule NewsWatch Today Article 05/24/18
ICBA Targets Credit Union Tax Exemption in Hill Campaign NewsWatch Today Article 05/11/18
ICBA Joins Sen. Hatch’s Call for Credit Union Transparency Press Release 04/24/18
Court Vacates Parts of NCUA Field-of-Membership Rule NewsWatch Today Article 03/30/18
ICBA Calls for Senate Hearing on Credit Union Tax Subsidy Press Release 02/21/18
ICBA Seeks Senate Hearing on Credit Union Tax Subsidy NewsWatch Today Article 02/21/18
Sen. Hatch Speaks Out Against Credit Union Power Grab NewsWatch Today Article 02/01/18
ICBA Thanks Sen. Hatch for Speaking Out Against Credit Union Power Grab Press Release 01/31/18
Fine: Don’t Let a Credit Union Regulator Run the CFPB NewsWatch Today Article 01/08/18
ICBA Concerned with Possible NCUA Pick to Head CFPB NewsWatch Today Article 01/05/18
ICBA, State Affiliates File Brief Supporting ABA Lawsuit Against NCUA Press Release 06/05/17
ICBA Urges NCUA to Withdraw Alternative Capital Plan Press Release 05/09/17
ICBA Statement on NCUA Lawsuit Press Release 03/27/17
ICBA Comment on Dismissal of Lawsuit Against NCUA Press Release 01/24/17
ICBA Statement on NCUA Lawsuit Court Hearing Press Release 12/15/16
ICBA to Court: Reject NCUA Motion to Dismiss Lawsuit NewsWatch Today Article 11/17/16
ICBA to Court: Reject NCUA Motion to Dismiss Commercial Lending Lawsuit Press Release 11/17/16

Letters to Congress

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Feb 6, 2015, 01:00 AM
Recipient:
NACHA - The Electronic Payments Association
PubDate:
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Letters to Regulators

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Feb 6, 2015, 01:00 AM
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NACHA - The Electronic Payments Association
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Testimonies

Title Committee Presenter Date
House Subcommittee on Financial Institutions
Written Statement
07/23/15
Senate Banking, Housing, and Urban Affairs Committee
John Buhrmaster
02/12/15

Summaries

Title Content Type Date