ICBA continues urging Congress to "Wake Up" this week as credit union advocates meet with lawmakers during the National Association of Federally-Insured Credit Unions' Virtual Congressional Caucus.
Ahead of the virtual advocacy meetings, ICBA is distributing to congressional offices a guide with questions to ask credit union representatives about acquisitions of community banks, mission creep, outside investor capital, and third-party oversight.
Community bankers can help push back against the credit union efforts by delivering to lawmakers a customizable message seeking answers to these pressing questions. The custom alert is available on ICBA's Be Heard grassroots advocacy center.
ICBA will continue 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.