ICBA Establishes Fund for Credit Union Lawsuit

Responding to community bankers who have asked how they can help ICBA’s legal challenge against the National Credit Union Administration, ICBA has established the ICBA Credit Union Litigation Fund. The fund allows community bankers to directly contribute to ICBA’s lawsuit against the NCUA’s final rule allowing credit unions to exceed commercial lending limits set by Congress.  The LBA did contribute to the fund.  We must confront the rouge credit union regulator.  ICBA has said all contributions to the ICBA Credit Union Litigation Fund are strictly voluntary and will be directed solely to the association’s campaign to level the regulatory playing field between community banks and credit unions through the courts.  Click here for more information from ICBA on how to contribute to the ICBA Credit Union Litigation Fund.   Click here for more information on ICBA’s lawsuit.