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Election Results Prove Giving to Your PAC Works
Tuesday, November 15, 2016 7:00 AM

Now that the 2016 elections are behind us, Cornerstone Credit Union League's Jim Phelps, SVP and chief advocacy officer, offers a quick report on the impact of your PAC support for this election cycle.

As a reminder, the Cornerstone League has three state PACs. In addition, we support the Credit Union Legislative Action Council (CULAC), which is the federal PAC for Credit Union National Association.

At the federal level, Phelps reports that Cornerstone had a 100 percent success rate for congressional candidates who received CULAC support. This means that every member of the Arkansas, Oklahoma, and Texas congressional delegations who received CULAC contributions won their elections.

At the state level, your contributions enabled Cornerstone to provide financial support to 146 candidates in Arkansas, Oklahoma, and Texas at the following win rates:

  • Arkansas:             81 percent
  • Oklahoma:            98 percent
  • Texas:                   99 percent

"Whether via Payroll Deduction, or any of our fundraising campaigns this year, I want to thank all of our credit union contributors for their financial contributions to our PACs," offers Phelps. "Our success would not have been possible without you."

Phelps notes that these results are a great achievement that will position us well for the new session of Congress and the three state legislative sessions to begin in early 2017.

"I congratulate Association Presidents Reta Kahley, Nate Webb, and Jeff Huffman for their diligent oversight and wise use of our PAC dollars, and Gretchen Ziegler for taking our fundraising efforts to new heights, enabling us to support candidates at a more robust level."    

If you have any questions, please contact Jim Phelps at or 800-442-5762, Ext. 6481.