CUNA Makes Annual Tithe to Political Parties

WASHINGTON – CUNA made its annual contributions to the two major political parties, including the senate and congressional campaign committees, a total of $90,000 to both the Democrats and Republicans. CUNA makes the maximum allowable $15,000 a year to the Democratic National Committee, Democratic Senatorial Campaign Committee and the Democratic Congressional Campaign Committee, as well as the Republican National Committee, National Republican Senatorial Committee and National Republican Congressional Committee, as well as the governors’ committees of each party, a total of $240,000 each campaign cycle. CUNA said its growing political action committee completed its most successful campaign cycle ever, having raised a new high of $3.7 million and contributed about $3.3 million to candidates and their parties. The increase in campaign funding through CUNA has made the credit union group the fourth most prolific trade association on Capitol Hill, in terms of campaign contributions. “All in all, we’re very pleased with the growth of our PAC,” said Trey Hawkins, political director for CUNA. “It’s a reflection of the people at the grassroots level around the country that most of our money was raised in small contributions.”