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ICBA: Policymakers must examine credit unions’ tax status

Urgent congressional action is needed to preserve community banks and the communities that depend on them, ICBA President and CEO Rebeca Romero Rainey said.

Aug 20, 2024
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Article
Credit Unions

Fed’s Waller: Non-banks and stablecoins pose risks

Federal Reserve Governor Christopher Waller voiced concern about the risks from emerging payment technologies, especially non-banks and stablecoins.

Aug 20, 2024
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Article
Digital Assets

Credit Unions Exploit Federal Tax Exemption to Acquire Tax-Paying Community Banks; Congress Must Act

Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement after another community bank acquisition by a tax-exempt credit union:

Aug 19, 2024
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Article
Credit Unions

CFPB updates small business lending instructions

The Consumer Financial Protection Bureau updated its 2025 Small Business Lending Filing Instructions Guide.

Aug 19, 2024
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Article
Consumer Financial Protection Bureau (CFPB) Compliance