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CULAC Ranked Top Trade Association PAC in Direct Giving
Tuesday, October 27, 2015 6:30 AM

The Credit Union Legislative Action Council (CULAC) has raised more $1.7 million for the 2016 election cycle. According to the latest rankings by the Center for Responsive Politics, CULAC was ranked the largest trade association political action committee, and fifth largest PAC nationally, in terms of direct giving to candidates.

As the federal PAC of Credit Union National Association, CULAC supports credit union-friendly candidates across both sides of the aisle. In July, the consulting firm APCO Worldwide named CUNA as one of the top trade associations in terms of bipartisan advocacy. In the 2016 election season, 51 percent of CULAC’s funds have gone to Republicans and 49 percent to Democrats.

Last year, Roll Call highlighted CULAC as one of its top five most active PACs for the month of May and by far the most bipartisan, with 50.39 percent of contributions going to Republican candidates and 49.46 percent going to Democratic candidates.

CULAC raised $4.43 million in the 2013-14 election cycle, including more than $3 million in direct contributions in 396 races, with only one candidate per race receiving support. Credit union-supported candidates saw a 92 percent success rate in the November 2014 election.

"We appreciate our credit unions for their generous support of our PACs, which have helped CULAC to achieve this milestone in bipartisan advocacy," said Gretchen Ziegler, VP political affairs for Cornerstone Credit Union League. "Sustained giving is the easiest and most impactful way to make a difference for the credit union movement not only in our states, but also in Washington, DC."