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

Mar 9, 2022 | NewsWatch Today
ICBA campaign targeting credit union tax exemption

ICBA is running a targeted digital campaign encouraging congressional offices to press credit unions on acquisitions of community banks and other key issues.

Mar 1, 2022 | Press Release
ICBA Urges Congress to Ask Credit Union Representatives About Tax Exemption

With representatives from tax-exempt credit unions in Washington this week for meetings with congressional offices, the Independent Community Bankers of America (ICBA) is calling on lawmakers to ask tough questions about the credit union tax exemption.

Feb 9, 2022 | NewsWatch Today
Taxpayer group continues push for credit union transparency

The National Taxpayers Union encouraged key congressional committees to consider whether credit unions should continue to be exempt from filing Form 990 returns, which most tax-exempt organizations are required to file annually.


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