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ICBA: Latest Credit Union Acquisition Shows Why a Federal Response Is Needed
October 23, 2024
WASHINGTON, Oct. 23 [Category: Financial Services] -- The Independent Community Bankers of America issued the following news release:

Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey today issued the following statement after the 19th acquisition of a tax-paying bank by a tax-exempt credit union in 2024, which expands on this year's annual record.

"This latest deal of a Tennessee-based credit union acquiring a Kentucky bank co . . .

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