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ICBA: Credit union buying stadium naming rights highlights tax inequity

ICBA said that a credit union paying for NFL stadium naming rights is the latest example of how credit unions are violating the limits established by Congress to justify their federal tax exemption.

Aug 28, 2024
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Article
Credit Unions

FinCEN: Financial institutions should remain vigilant to transactions associated with synthetic opioids

The Financial Crimes Enforcement Network reminded financial institutions to monitor for and report suspicious transactional activity related to the illicit fentanyl supply chain and the trafficking...

Aug 28, 2024
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Article
Compliance Financial Crimes Enforcement Network (FinCEN)

ICBA: Washington Commanders Stadium Naming Rights Deal Illustrates What Is Wrong with Credit Union Policy

Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey today issued the following statement on today’s announcement from Northwest Federal Credit Union and the...

Aug 27, 2024
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Article
Credit Unions

ICBA will continue the fight after court denies motion challenging 1071 rule

ICBA will continue fighting the Consumer Financial Protection Bureau’s 1071 small-business rule after a U.S. District Court denied ICBA’s legal challenge to the agency’s rulemaking.

Aug 27, 2024
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Article
Consumer Financial Protection Bureau (CFPB)