WASHINGTON (10/24/14)--The Credit Union National Association's strong commitment to credit-union friendly congressional candidates was highlighted Thursday in Politico and The Hill, two widely read Washington-based political publications that cover the White House, U.S. Congress, politics and policy.
The publications noted that CUNA and its Credit Union Legislative Action Council--CULAC--spent more in the 2014 cycle than in any previous election, backing a bipartisan group of candidates that are attuned to credit union issues.
As part of the $5.6 million spent to date, which CUNA says puts it among an elite group of financial sector campaign contributors during the 2014 midterm elections, CUNA also is sending millions of mail pieces directly to credit union members.
CUNA, the state credit union association, CULAC, and credit unions have deployed direct mail, as well as television, radio and online advertisements for candidates on a bipartisan basis. In total, $3 million has been spent on direct PAC contributions, $1.2 million on independent expenditures and $1.4M on partisan communications.
Politico notes that credit unions receive bipartisan support on Capitol Hill. As CUNA leader Jim Nussle said in a recent CUNA release, "There are many candidates and members on both sides of the aisle who are friends of credit unions; the bipartisan makeup of our support demonstrates the strengths of the credit union movement."
CUNA research shows that 65% of credit union members are interested in where their credit union stands on the candidates.
Candidates that have received support during the general election include: Sen. Mark Udall (D-Colo.); Senate Minority Leader Mitch McConnell (R-Ken.); Rep. Bruce Braley (D-Iowa), running for Senate; Pete Aguilar (D-Calif.), a former credit union employee; Rep. Steve Southerland (R-Fla.); Rep. Ami Bera (D-Calif.); Rep. Cheri Bustos (D-Ill.); Rep. Rodney Davis (R-Ill.); Rep. Rick Nolan (D-Minn.); Rep. Joe Heck (R-Nev.); Rep. Tom Reed (R-N.Y.); and Rep. Kurt Schrader (D-Ore.).