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

Apr 14, 2022 | NewsWatch Today
ICBA issues custom op-ed on credit union-bank acquisitions

ICBA issued a customizable op-ed that community bankers can use to raise awareness of credit union acquisitions of community banks.

Apr 11, 2022 | NewsWatch Today
Congress should join states in responding to CU bank acquisitions: op-ed

While credit union advocates support credit unions leveraging their tax exemption to acquire community banks, these subsidized transactions harm local communities, ICBA Chairman Brad Bolton writes in a new op-ed.

Apr 7, 2022 | NewsWatch Today
Minnesota rules against credit union bank acquisitions

A proposed credit union acquisition of a community bank in Minnesota was rejected by the state’s business regulator—the latest state-level roadblock for credit unions.


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


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


in federal income taxes.


In 2022, 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 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