Advocacy

The following letter was drafted by the American Farm Bureau Federation urging the passage of the farm bill. The letter was sent to the House of Representatives December 12, 2018 in an effort for swift action on the floor. In total, 489 groups signed the letter in support the legislation; the ICBSD is one of

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

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

Background The credit union model has become outdated, and its charter, purpose and tax – exempt status should be reviewed by Congress.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

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

Background The credit union model has become outdated, and its charter, purpose and tax – exempt status should be reviewed by Congress.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