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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 PlaybookBolton: Tax-subsidized credit union acquisitions demand Washington response
Mar 18, 2022 | NewsWatch Today
Bolton: Tax-subsidized credit union acquisitions demand Washington response
Mar 17, 2022 | NewsWatch Today
ICBA campaign targeting credit union tax exemption
Mar 9, 2022 | NewsWatch Today
ICBA Urges Congress to Ask Credit Union Representatives About Tax Exemption
Mar 1, 2022 | Press Release
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