06/24/26

OBL's Credit Union Petition campaign focused on tax fairness and competitive balance with credit unions is ongoing, and member engagement continues to play an important role. Hundreds of bankers across Ohio have already signed on since we launched this campaign early last month.

Over the past few months, we've kept this issue in front of policymakers and key stakeholders. At OBL's Day at the Capitol early this month, bankers from around the state met with 80 state legislators to highlight the issues and challenges. Awareness is improving - particularly around the long-term impact of credit union tax advantages and the growing trend of credit union acquisitions of tax-paying banks. Conversations tied to public deposits and expanded authorities are also still active.

That said, none of these issues are settled. As you know, progress on issues like this is often incremental, and it requires consistent reinforcement.

Continued outreach from the banking community helps ensure lawmakers continue to hear the real-world implications-on the tax base, on public funds, and on the long-term health of Ohio's financial services marketplace.

Our petition remains a simple but effective way to show that this is still a priority across the industry.

If you've already signed, thank you - we appreciate your support. If you haven't, or if you're able to share it within your networks, now is a good time to re-engage.

Please take a moment to sign or share the petition and help reinforce the call for tax fairness, protection of taxpayer funds, and a level playing field.

Sign the Banker Credit Union Petition HERE.