Who Moved My Step-Ups?

Not so long ago, a wildly popular variety of government agency bonds was struggling to get to market fast enough to meet investor demand. Chances are your community bank owned some, or a lot, of these bonds, known as “step-ups.” Lately, the ever-changing dynamics of supply and demand have made the build-out more difficult and […]

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BANKERS ALERT!

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S-Corp Banks Be Heard on Tax Reform ICBSD joins the Independent Community Bankers of American in calling on Subchapter S community banks to make their voices heard as Congress debates comprehensive tax reform. ICBA’s Be Heard grassroots action center allows community bankers to tell Congress to ensure the maximum 25 percent tax rate is available to the […]

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Subchapter S: Call to Action

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Call Your Senator to Protect Subchapter S Banks The Senate’s proposed tax reform bill fails to Subchapter S community banks into closer tax parity with C corporations. As a constituent in a key battleground state, please urge your senators to address this issue. The proposal would reduce the top rate on C corporations to 20 […]

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Credit Unions: Be Heard on Tax Reform

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Background The credit union model has become outdated, and its charter, purpose and tax – exempt status should be reviewed by Congress. Credit unions were chartered by Congress to enable people of small means with a “common bond” to pool their resources to meet their basic deposit, savings and borrowing needs. While some credit unions […]

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State Sign on Letter

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January 24, 2018 The Honorable Mitch McConnell                                      The Honorable Charles E. Schumer Majority Leader                                                […]

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