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.

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May 14, 2021 | Press Release
ICBA, Community Bankers of Georgia Urge FDIC to Reject Credit Union Merger Proposal

ICBA and The Venture Center today announced a series of curriculum-driven events as part of its expanded ICBA ThinkTECH initiative. The ICBA ThinkTECH Innovation Series focuses on emerging technologies that have the potential to positively impact the community banking industry.

May 12, 2021 | NewsWatch Today
ICBA urges OCC to block sale of mutual bank’s assets to credit union

ICBA's Mutual Council and America’s Mutual Banks urged the OCC to suspend the sale of Brainerd Savings and Loan Association assets to Wings Financial Credit Union until all freedom of information requests have been considered.

Apr 28, 2021 | NewsWatch Today
Credit union groups mixed on CRA-lite

Recently reintroduced Senate legislation to codify community outreach policies for community credit unions is getting a mixed reception from credit union industry groups.

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.

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Archived Resources