Credit Union Execs Open Wallets For Candidates

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Credit union executives heeded the call to get more involved in the political process these elections, with top managers dipping into their personal funds as never before to make campaign contributions.

Perennial leaders, such as Rudy Hanley, president of Orange County FCU, and Dave Chatfield, president of the California CU League, continued to lead the way, making a total of $13,450 and $11,374 in contributions, respectively, according to reports filed with the Federal Elections Commission and reviewed by The Credit Union Journal.

But other executives answered the call, as well, including: Mark Holbrook of Evangelical Christian CU, with 10 contributions for $9,500 to Republicans; Jean Goodman of Toyota FCU, who made 15 contributions for $8,950 to Democratic candidates and committees; John Bommarito of Western FCU, with 10 contributions for $8,750, to Republicans and non-partisan groups; Bill Cheney, Xerox FCU, with 10 contributions for $7,725, to Republicans and non-partisan committees; Larry Sharpe of Arrowhead CU, with 10 contributions for $7,100 to Republicans; and Gary Base of Community CU in Plano, Texas, with 12 contributions for $6,000, mostly to Republicans.

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