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Independent Community Bankers of America's website. Independent Community Bankers of America’s website. (Source: Adobe Stock)

Community bankers are virtually flooding Capitol Hill this week, pushing plans to eliminate the credit union tax exemption, include credit unions in the Community Reinvestment Act and  toughen oversight by the NCUA.

But beyond the usual anti-credit union rhetoric, the policy agenda being circulated during the Independent Community Bankers of America’s “2021 Capital Summit” is not that much different than proposals from CUNA and NAFCU.

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David Baumann

Credit Union Times

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