Bankers taking anti-credit union fight to local level

One day soon, credit union officials may be in for an unwelcome surprise when they open their newspaper or sign on to a local news website.

They may find an attack on their credit union.

The community bank advocacy organization Independent Community Bankers of America (ICBA) is circulating a customizable op-ed bankers may use to “raise awareness of credit union acquisitions of community banks.” The contents of that op-ed are available only to ICBA members. It is accessible through Microsoft Word, allowing for it to be personalized and then submitted to local news media.

That appears to be exactly the route ICBA Chairman Brad Bolton took in a recent column in Business Alabama, a magazine that covers business in the state. A version of that op-ed additionally appeared in American Banker.


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