CUNA announced Thursday the CUNA/League system will spend a record-setting $7 million in the 2020 election cycle to support congressional candidates on both sides of the aisle. Credit Union Legislative Action Council (CULAC), the federal political action committee (PAC) for CUNA, will report a fundraising total in excess of $2.8 million for 2019.
This marks a record in the four-decade-plus history of CULAC.
“This record figure is a testament to the fact that credit union members have a vested interest in the political process,” said Trey Hawkins, CUNA deputy chief advocacy officer for political action. “The CUNA/League system stands apart from others in the political space because not only is CULAC generating grassroots funds, we’re supporting candidates who back the structure and mission of credit unions. Since the 1970’s our work has ensured that congressional candidates on both sides of the aisle champion credit unions.”
What differentiates CULAC from others in the industry is both its ranking among the most bipartisan PACs as measured by candidate support and its grassroots nature of fundraising, with donations from more than 33,000 of America’s credit union members.
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