Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive
150x172_CUEffect.jpg
Contacts
LISA MCCUEVICE PRESIDENT OF COMMUNICATIONS
EDITOR-IN-CHIEF
MICHELLE WILLITSManaging Editor
RON JOOSSASSISTANT EDITOR
ALEX MCVEIGHSTAFF NEWSWRITER
TOM SAKASHSTAFF NEWSWRITER

News Now

Washington
CULAC set a fundraising record in 2013
WASHINGTON (1/13/14)--CULAC, the Credit Union National Association's federal political action committee had a record-setting fundraising year in 2013, which followed a banner-flying 2012. 2013's fundraising total of $2.14 million represents CULAC's best non-election year ever.

"This represents nearly an increase of more than 5% over 2012 gross receipts. While it wasn't our best year overall for gross, given that in recent years we have reduced our overhead to effectively zero, 2013 also represents the most raised net of fundraising costs in the history of CULAC," CUNA Vice President of Political Affairs Trey Hawkins said.

A total of $1.5 million was disbursed to candidates and committees in 2013, with 51% of those funds going to Democrats and 49% going to Republicans.

CULAC also saw a 10% increase in new payroll deduction credit unions in 2013. The total number of credit unions participating is now 512.

These results show credit union supporters nationwide continue to strongly support their credit union candidates, Trey Hawkins said.

CULAC finished 2013 strong, with supported candidate Corey Booker (D-N.J.) winning his Senate special election seat. CUNA's PAC starts 2014 on solid footing, with more than $922,000 in cash available.


RSS





print
News Now LiveWire
Philadelphia's American Bakery Workers FCU liquidated by @TheNCUA; @trumarkonline assumes shares
15 minutes ago
More branch shutterings by @Citi: 4th-largest bank to close 10% of #Chicago area branches HT @CrainsChicago http://t.co/2vAvgucLY5
1 hour ago
56% struggle with subprime credit scores says @cfed survey HT @washingtonpost http://t.co/RHmMvuhNtw
1 hour ago
How to use social media for crisis communications Feb. 10 webinar from @SBAgov, @AgilityRecovery http://t.co/d16t8RHr7n
2 hours ago
#Consumersentiment highest in 11 years @Umich January survey http://t.co/64ORm6b0Fc
6 hours ago