ICBA Plans Attacks on Credit Unions

The Independent Community Bankers of America (ICBA) launched a campaign on Monday aimed at ending the “risky practices, costly tax subsidies, and irresponsibly lax oversight” of credit unions. The campaign has drawn criticism from the Credit Union National Association, which issued a statement refuting many of the ICBA’s claims.

The Best Credit Union in the Country Pays 7 Times the Average Interest Rate

More than 121 million Americans belong to a credit union, and if you’re not in that group, it’s worth asking yourself how come.