Credit Union Acquisition of Community Banks Rising, But Still “Small Proportion of Overall Consolidation”
Credit union purchases of community banks is a hotly debated argument, with bank and tax advocates arguing that it’s time Congress reassess credit union tax exemption, but credit union advocates argue it’s a drop in the bucket of bank consolidation.
New Community Bank Survey Claims Credit Unions Are Not The Competition
The Conference of State Bank Supervisors has released its 2023 Community Bank Survey, which revealed that community banks do not view credit unions as their main competition in any product or service, reports Emily Claus.
