Wake Up and Take Action

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.

Access the Playbook

Mar 13, 2024 | NewsWatch Today
ICBA points to polling on credit unions following latest acquisition

Following the latest credit union acquisition of a community bank, ICBA pointed to its recently released polling data showing Americans support reforms to policies that arbitrarily favor credit unions.

Mar 5, 2024 | NewsWatch Today
Consumers lose protections with credit union-bank acquisitions: NCUA official

Consumers receive fewer financial protections from tax-exempt credit unions than they do from tax-paying banks and lose protections when credit unions acquire banks, according to a top National Credit Union Administration official.

Mar 4, 2024 | NewsWatch Today
ICBA poll shows Americans support changing credit union policies

With credit union representatives meeting with members of Congress in Washington this week, ICBA today is releasing new polling data showing Americans support reforms to policies that arbitrarily favor credit unions.

HOW CREDIT UNION'S TAX-EXEMPT STATUS AFFECTS YOUR STATE

These state-by-state reports show how credit unions have exceeded their original mandate and how that unchecked growth has negatively affected local communities across every state.

See the Report for All of the USA

Find your state

Charts

Credit unions in your state used their tax exemption to avoid paying

 

in federal income taxes.

House

In 2022, credit unions across your state held a grand total of

 

in tax-free assets.

People

In your state credit unions paid $0 in federal income tax. Meanwhile,

Nurses paid:

Cashiers paid:

Teachers paid:

Wake Up Messaging Playbook

Wake Up Messaging Playbook

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.

Read the Report

Archived Resources