Banking Dive, October 22, 2019
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. ICBA said its “Wake Up” campaign will feature legislative and regulatory proposals, comprehensive research, grassroots advocacy campaigns and customizable resources to help community banks call for policy makers to review credit union practices.
The campaign has drawn criticism from the Credit Union National Association, which issued a statement refuting many of the ICBA’s claims. Learn More