ICBA and community bankers have long warned about the dangers of tax-exempt credit unions acquiring tax-paying community banks, a concerning trend that peaked last year and has continued in 2025.

ICBA and community bankers have long warned about the dangers of tax-exempt credit unions acquiring tax-paying community banks, a concerning trend that peaked last year and has continued in 2025.

In just a few short weeks, the fixed-income market’s expectations for monetary policy have done a virtual about-face. This is not to say that investors are fickle. Some of this change in sentiment is data driven; some is Trump administration officials’ cajoling; and some is Federal Reserve Board chairman Jay Powell’s comments in Jackson Hole, Wyoming on August 22. Regardless, market indicators have shifted from zero or one rate cuts for the rest of 2025, to as many as four.

Did you know that employee training records within ICBA stay with the employee? This means if an employee worked at another financial institution that subscribed to ICBA’s online training, they already have an ICBA account, and their Current Enrollments and Completed Courses will appear when they log into the LMS.