Political Affairs

What is CULAC?

The Credit Union Legislative Action Council (CULAC) is the federal PAC for the Credit Union National Association (CUNA). CULAC’s purpose, as defined in its Articles of Association, is to "provide the opportunity for individuals interested in the future of the credit union movement to contribute to the support of worthy candidates for federal office who believe, and have demonstrated their belief, in the principles to which the industry is dedicated."

CULAC accomplishes its mission by contributing to and supporting federal candidates and committees that support the Credit Union Movement. For the 2007-2008 election cycle, CULAC raised in excess of $4.33 million from credit union members nationwide, with an average donation of just $26. From these funds, CULAC disbursed over $2.8 million directly to credit union-friendly candidates, ranking it among the 15 largest PACs in the United States and the 6th largest among trade associations, according to the Federal Election Commission. CULAC spent over $530,000 in Independent Expenditures on behalf of credit union-friendly candidates.

Individuals who are associated with CUNA’s state credit union leagues and with CUNA-affiliated credit unions who have signed permission agreements with their leagues are eligible to participate in CULAC. All contributions to CULAC are strictly voluntary and are not tax deductible for federal income tax purposes. For more information about CULAC, contact your state credit union league or CUNA’s Political Affairs staff at 202-638-5777.

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