When autocomplete results are available use up and down arrows to review and enter to select.
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 PlaybookCredit Unions Exploit Federal Tax Exemption to Acquire Tax-Paying Community Banks; Congress Must Act
Aug 19, 2024 | Press Release
Credit union acquisitions generating new headlines
Aug 16, 2024 | NewsWatch Today
Credit unions use loopholes to undercut community banks: former exec
Aug 15, 2024 | NewsWatch Today
ICBA op-ed: Stop letting credit unions buy community banks
Jul 19, 2024 | NewsWatch Today
Credit unions in your state used their tax exemption to avoid paying in federal income taxes.
In 2023, credit unions across your state held a grand total of in tax-free assets.
In your state credit unions paid $0 in federal income tax. Meanwhile,
Nurses actually paid
Cashiers paid:
Teachers* paid:
*Data includes only elementary school teachers
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