WASHINGTON (1/5/16)--The Credit Union Legislative Action Council (CULAC) set a new receipts record in 2015, raising more than $2.4 million. This exceeds 2014 by 5% and 2013 (the last non-election year) by more than 12%.
“Ultimately our goal with CULAC is to ensure a pro-credit union Congress is elected, that our champions return to office and that we find new champions to support,” said Trey Hawkins, vice president of political affairs for the Credit Union National Association (CUNA).
CULAC is CUNA’s political action committee (PAC), and it makes direct contributions and independent expenditures to pro-credit union candidates. The partisan breakdown for CULAC giving remains almost exactly 50/50 between Democrats and Republicans, making it one of the most bipartisan PACs in the country.
“As we begin the election year, CULAC is well-positioned for success, with more than $1.2 million in available cash-on-hand, despite having already contributed $1.67 million to pro-credit union candidates for the 2016 elections,” Hawkins said. “We anticipate and expect that 2016 will be an even stronger year for fundraising, and we’ll be able to help even more candidates to a greater degree.”
More details on CULAC fundraising in 2015 will be released later this month when CULAC files its Federal Election Commission report.