This week’s launch of ICBA’s “Wake Up” campaign
targeting credit unions’ risky practices and tax exemption is generating headlines.
In addition to ICBA President and CEO Rebeca Romero Rainey’s op-ed on Medium
, the nationwide campaign has been featured in American Banker
, Credit Union Times
, CU Today
, and Banking Dive
, among others.
ICBA’s “Wake Up” campaign encourages policymakers to open their eyes to the growing threats posed by credit unions’ abandonment of their founding mission facilitated by their captive federal regulator, the National Credit Union Administration.
The campaign includes a grassroots advocacy alert, customizable resources that community banks can use to spread the word, a new ICBA white paper, and more. It follows the formation of the ICBA Credit Union Task Force to take on the trend of large credit unions using their tax subsidy to buy smaller community banks.
Learn More About “Wake Up”