December 7, 2012
Mr. Cam Fine
President and CEO
Independent Community Bankers Association
Dear Mr. Fine:
I am writing on behalf of the National Association of Federal Credit Unions (NAFCU) to request that Independent Community Bankers Association (ICBA) immediately cease and desist the use of the name, in any form, of the National Association of Federal Credit Unions as supporting S. 3637. I would further request that in any and all future communications with the Congress, the Administration, or the public that ICBA not infer in any manner NAFCU’s support of any legislation to extend the TAG program that does not include both credit union member business lending and IOLTA coverage.
In reviewing ICBA’s press release and tweet this morning, one could infer that the ICBA would now support a package that would benefit both community banks and credit unions by including credit union member business lending and IOLTA coverage. If such reports are indeed accurate we would welcome the opportunity to work with the ICBA in immediately moving forward this “win-win” package that would not only benefit the financial services industry, but our nation’s economy.
Thank you for your immediate attention to this matter. As always, we would welcome the opportunity to work with ICBA in support of what is best for small business and our great nation.
If my colleagues or I can be of assistance to you please feel free to contact me directly at (703) 842-2215.
Sincerely,
Fred R. Becker, Jr.
President and CEO