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

Bank branching deregulation harmed small businesses: FDIC paper

Jul 7, 2022 | NewsWatch Today
Community banks and small businesses were affected disproportionately by U.S. branching deregulation during the 1990s, according to a new research paper released by the FDIC’s Center for Financial Research.

Credit union terminates purchase of Ga. community bank

Jun 17, 2022
VyStar Credit Union in Jacksonville, Fla., terminated its bid to acquire Heritage Southeast Bank in Jonesboro, Ga., after failing to win regulatory approval.

Credit union grassroots key with House committee meeting today

Jun 13, 2022 | NewsWatch Today
With the House Rules Committee meeting today to advance legislation to further empower credit unions, ICBA continues calling on community bankers to urge their lawmakers to oppose the bill.


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

Credit Union Merger White Paper

Credit Union Merger White Paper

Because of their tax advantage and relaxed field of membership regulations, credit unions have begun to acquire community banks in order to fuel their growth. This trend should concern taxpayers.

Read the report

Exempt White Paper

Do They Know They're Tax Exempt?

If credit unions cannot abide by their original mandate deserving of a tax subsidy, then taxpayers are financing an unequal playing field that leaves behind the financially underserved, cheats federal and state tax authorities, and unfairly disadvantages legitimate for-profit institutions like community banks.

Find out more

Archived Resources