Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Washington
CULAC raises $3.25M for '13-14 election cycle
WASHINGTON (7/8/14)--The Credit Union Legislative Action Council (CULAC) has raised more $3.25 million for the 2013-14 election cycle as of June 30 according to its Federal Election Commission filing to come later this month.
 
CULAC is the federal political action committee for the Credit Union National Association, with a mission to support credit union-friendly candidates running for federal office.
 
So far almost $2.5 million has gone directly to candidates, split almost evenly between parties, with 50.01% on contributions going to Democratic candidates, 49.85% to Republican candidates and 0.14% to independent candidates.
 
"If current trends continue, CULAC will again set another fundraising record this year," said Trey Hawkins, CUNA vice president of political affairs.
 
CULAC was listed by Politico as one of the top giving PACs this election cycle ( News Now June 25).
 
According to its Articles of Association, CULAC's purpose is to ""provide the opportunity for individuals interested in the future of the credit union movement to contribute to the support of worthy candidates for federal office who believe, and have demonstrated their belief, in the principles to which the industry is dedicated."


RSS





print
News Now LiveWire
Matz: Revised @TheNCUA #RBC rule for #creditunions 2 B unveiled 1/15/15, 90-day comment period to follow #newsnow http://t.co/qABhvghSTU
1 Day ago
Just announced: @TheNCUA board will consider a revised risk-based capital rule at its Jan 15 mtg. See #NewsNow Monday for more info.
1 Day ago
Nearing one-yr anniversary of data breach, @Target asks for class action suits to be dismissed via @BloombergNews http://t.co/kra6kupd35
1 Day ago
.@PeoplesTrustFCU has been recognized with the Juntos Avanzamos designation by @Cornerstone_CUL for its service to the Hispanic community
1 Day ago
#NewsNow: Rep. Hensarling names #HFSC subcommittee chairs. http://t.co/dXAMZdpn1p
21 minutes ago