With Navy Federal Calling Itself a Community Bank, ICBA Urges Regulators to Issue Cease-and-Desist Orders
April 02, 2024
April 02, 2024
WASHINGTON, April 2 [Category: Financial Services] -- The Independent Community Bankers of America issued the following news release:
D.C. -- Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on tax-exempt Navy Federal Credit Union labeling its program to serve overseas military installations "Community Bank, Operated by Navy Federal Credit Union."
"Navy Federal Credit Union -- the natio . . .
D.C. -- Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on tax-exempt Navy Federal Credit Union labeling its program to serve overseas military installations "Community Bank, Operated by Navy Federal Credit Union."
"Navy Federal Credit Union -- the natio . . .