Independent Community Bankers of America's website. (Source: Adobe Stock)
Just five days after the $1.5 billion Scott Credit Union in Edwardsville, Ill., signed a definitive purchase and assumption agreement to acquire the $92.9 million Tempo Bank in Trenton, Ill. on Aug. 20, the Independent Community Bankers of America used the $14 million transaction to launch another call for lawmakers to address the growing trend of credit union-bank acquisitions.
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