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Blog: ICBA Speaking Out on Credit Union Acquisitions

In a new blog post, ICBA President and CEO Rebeca Romero Rainey recapped how ICBA and community bankers are speaking out about the trend of large credit unions buying up community banks.

In Main Street Matters, Romero Rainey cited ICBA’s task force on the issue, customizable grassroots alert and op-ed, talking points, recent American Banker op-ed, and exposingcreditunions@icba.org email address that ICBA is using to collect examples of egregious credit union actions.

“As the unsettling trend of acquisitions shows, it’s long past time for policymakers to level the financial services sector’s tax and regulatory responsibilities,” she wrote.

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